Beacon: Central Bank

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Showing posts with label Central Bank. Show all posts

Monday, March 11, 2024

UAE's Banking System More Safe And Efficient Than Ever

Tommy March 11, 2024 0 Comments

The technological and structural advancements in the UAE financial sector continues to enhance security, operational efficiency, accessibili...

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Wednesday, April 13, 2022

USD

Are US sanctions on Russia harming USD supremacy?

Tommy April 13, 2022 0 Comments

The United States' reliance on economic sanctions to coerce other countries is gradually losing its effectiveness and slowly degrading o...

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Thursday, March 31, 2022

wealth funds

Gulf allies line up in investment and funding for Egypt

Tommy March 31, 2022 0 Comments

Saudi Arabia has deposited $5 billion at Egypt's central bank, according to state media in both countries. The funding comes amid a surg...

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Thursday, December 23, 2021

turkish lira

Collective desire to flee Turkey amid soaring inflation

Tommy December 23, 2021 0 Comments

Turkey's new plan, announced Dec. 20 shortly after the lira sank to an all-time low, aims to encourage retail lira deposits by offering ...

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Thursday, December 2, 2021

unemployment

Turkey on the brink of a total economic collapse

Tommy December 02, 2021 0 Comments

ِ After months of worsening economic conditions for Turkish citizens, signs of economic distress are all too clear as the lira continues a d...

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Tuesday, November 30, 2021

turkish lira

Turkey's lira in free fall, as Erdogan sticks to wrong policies

Tommy November 30, 2021 0 Comments

Turkish President Recep Tayyip Erdogan isn’t content with only one currency crisis a year. Which is how the lira has come to be plunging hea...

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Wednesday, November 10, 2021

turkish lira

Lira’s losses prompt Turkey’s central bank to tinker with required reserves

Tommy November 10, 2021 0 Comments

As Turkey’s embattled lira is trading near record lows, central bank tends to tinker with required reserves. Turkish central bank began cut...

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Monday, September 13, 2021

turkish lira

Turkish lira sees sharpest decline

Tommy September 13, 2021 0 Comments

The Turkish lira fell by as much as 1.5 per cent against dollar and was trading around the 8.45 mark on Wednesday afternoon, as concerns abo...

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Wednesday, July 7, 2021

turkey

Turkey hits highest inflation in years

Tommy July 07, 2021 0 Comments

Turkish annual inflation has jumped to a two-year high of 17.53 percent in June, rising after a brief dip and potentially delaying Erdogan&#...

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Tuesday, June 29, 2021

TURKONFED

TURKONFED: lira and economy suffer stifling crisis

Tommy June 29, 2021 0 Comments

The Turkish lira is trading near a record low against the dollar, consumer price inflation stands at 16.6 percent, the highest in emerging m...

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Sunday, June 13, 2021

visitors

Turkey's tourism business sinks

Tommy June 13, 2021 0 Comments

As Turkey relies on foreign currency inflows from visitors to finance its foreign debt and a current account deficit that stands at 5 per ...

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Wednesday, June 2, 2021

turkish lira

Turkish Lira falls over Erdogan's comments

Tommy June 02, 2021 0 Comments

President Recep Tayyip Erdogan has sent Turkey's lira currency to new all-time lows after he called for interest rate cuts in the next t...

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Thursday, April 22, 2021

turkish lira

Turks want to know where is the $128 bl ?

Tommy April 22, 2021 0 Comments

“Where is the $128 billion?” a question that has become the popular slogan in Turkey with posters on billboards all over the country. The s...

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Tuesday, March 30, 2021

turkish lira

Turkish economy on the brink, thanks to Erdogan

Tommy March 30, 2021 0 Comments

Central bank deputy governor Murat Cetinkaya, who had worked at Turkish banks and brokerages as well as at the Istanbul stock exchange befor...

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Thursday, March 25, 2021

turkish economy

Ottoman emperor begs Turks, investors for help

Tommy March 25, 2021 0 Comments

President Recep Tayyip Erdogan abruptly sacked former central bank chief Naci Agbal who like the president is an outspoken critic of tight m...

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Sunday, March 14, 2021

yemeni rial

Houthi militia behind collapse of Yemeni currency

Tommy March 14, 2021 0 Comments

Bank statements revealed that the Houthi militia is active in the currency exchange business. Several listed companies and businesses in Y...

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Saturday, March 13, 2021

turkey

Erdogan deceives Turkish people

Tommy March 13, 2021 0 Comments

Turkey’s main opposition has mounted an emphatic campaign calling the government to account on why the central bank burnt through $128 billi...

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Tuesday, November 30, 2021

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Monday, September 13, 2021

Wednesday, July 7, 2021

Tuesday, June 29, 2021

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Tuesday, March 30, 2021

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