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Turkish lira hits record low after Erdogan renews call for interest rate cuts

The battered currency fell as low as 8.88 to the dollar, a 4% drop, later recouping some losses to trade at around 8.59 as markets closed in Istanbul. Investors have expressed concerned about what they see as the Turkish central bank’s lack of independence from Erdogan, who has said that interest rates are “the devil.” With inflation having been stuck in the double digits for more than three years now, investors and analysts broadly agree that. ....

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QIB profit grows 9.1 percent to QR750m in first quarter

QIB profit grows 9.1 percent to QR750m in first quarter
thepeninsulaqatar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepeninsulaqatar.com Daily Mail and Mail on Sunday newspapers.

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Capital Intelligence affirms QIIB's rating at 'A' with stable outlook

Capital Intelligence affirms QIIB's rating at 'A' with stable outlook
thepeninsulaqatar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepeninsulaqatar.com Daily Mail and Mail on Sunday newspapers.

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CI affirms UAE's sovereign ratings with stable outlook

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