Global Banking Monitor

Monday, December 11, 2023

Dollar to Weaken Over Next 2 Years, UniCredit Says

UniCredit Research expects “moderate dollar weakness” over...

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases

Bank of Canada Governor Tiff Macklem recently...

Tag: turkey

Turkey Nearing Possible Rate Milestone Beyond 36% if Rates Rise

Turkey is turning another corner in ending an era of ultra-loose monetary policy. The central bank will likely take interest rates above zero relative to...

Central Banks’ Gold Demand Falls as Turkey Conducts Massive Sales

Central banks’ gold demand fell for a third straight quarter as massive sales by Turkey outshone buying elsewhere. Net purchases by the institutions declined 64%...

Turkey Implements New Lending Rules to Curb Credit Boom

Turkey’s central bank has rolled out new measures to curb credit-card spending and limit loans to some industries as it leans on backdoor tightening...

Turkey to sign gas deal with Bulgaria on Tuesday -minister

ISTANBUL, Jan 2 (Reuters) - Energy Minister Fatih Donmez said on Monday that Turkey's state gas company Botas will sign a deal on Tuesday...

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