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ANKARA (Reuters) - The World Bank said on Friday that it signed a $416 million loan agreement with the Development and Investment Bank of Turkey (TKYB) to help Turkish industries reduce air pollutants and greenhouse gas emissions. The loan would un...
A U.S. threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting or slowing some payments for both imported oil and Turkish exports, according to seven sources familiar with the matter. The U.S. executive order in December did not explicitly target energy but it has complicated some Turkish payments for Russian crude as well as Russian payments for a broader range of Turkish exports, the sources said. U.S. sanctions aim to reduce the Kremlin's revenue and disrupt its war in Ukraine without choking Russian oil flows to global ma...
A U.S. threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting or slowing some payments for both imported oil and Turkish exports,... -February 19, 2024 at 07:30 am EST - MarketScreener
Turkey's central bank is expected to keep its key interest rate steady at 45% next week, after a 250 basis-point hike last month, marking the end of its aggressive tightening cycle, a Reuters poll... -February 16, 2024 at 04:58 am EST - MarketScreener
The new head of Turkey's central bank said on Thursday the bank will maintain its tight policy stance until inflation drops to target, as it held its year-end consumer price forecast at 36% despite... -February 08, 2024 at 03:43 am EST - MarketScreener