Tuesday, September 13 2011 , Your time is 15:58:00
Turkish Lira tumbled to a new record low, down to 2.426 against the dollar upon the expectation of a forthcoming rate cut
ISTANBUL – Reuters
Turkey’s foreign trade deficit has fallen 15.4 percent to $84.5 billion in 2014, due to a rise in exports to the EU, dramatic decrease in gold imports and plunging oil prices
Chief executives are less optimistic about the global economy this year than last year, with Russian CEOs showing the least amount of confidence, a survey by PricewaterhouseCoopers (PwC) has shown.
Economy Minister Nihat Zeybekci has said Turkey imports almost everything, even traditional Turkish carpets, while noting the steps the ministry has taken to safeguard domestic industry
ANKARA - Reuters
Turkey’s Central Bank may hold an early monetary policy meeting next week to discuss an interest rate cut if inflation continues to fall sharply, Governor Erdem Başçı said Jan. 27
ANKARA - Anadolu Agency
Turkey’s natural gas imports for 2015 are projected to reach 52.2 billion cubic meters (bcm), an increase of 9.6 percent compared to last year, according to the Energy Ministry.
ANKARA – Anadolu Agency
The G-20 agenda in 2015 under the Turkish presidency will include engagement groups on energy and tourism, as well as side projects for businessmen, labor unions, youth groups, think tanks and women, Turkish Deputy Prime Minister Ali Babacan has said
Turkey has taken the chair of the TRACECA (Transport Corridor Europe Caucasus Asia) Intergovernmental Commission for a year during the body’s 11th annual meeting Jan. 29 in Istanbul.
ANKARA - Doğan News Agency
Prime Minister Ahmet Davutoğlu has told Central Bank head Erdem Başçı that briefings to the presidency, in addition to those given to the cabinet and the prime minister, could be beneficial in the future.
The Turkish lira weakened to as low as 2.42 against the dollar Jan. 29 on expectations that the Turkish Central Bank will cut interest rates at an extraordinary monetary policy committee meeting as early as next week.
Gold plays a huge role in Turkish consumers’ lives and the economy, making the country the world’s fourth largest gold consumer, says a new report by the World Gold Council.
ATHENS - Agence France-Presse
Greece named hardline leftwing economist Yanis Varoufakis as finance minister
HONG KONG - Agence France-Presse
The euro and European shares and bonds shook off worries yesterday over Greek election winner Syriza’s pledge to take on international lenders, a strong sign of confidence in the ECB’s new money-printing program.
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