Turkish lira

Customs enforcement teams seized Lit 7.7 billion in contraband goods last year

Trade Minister Mehmet Muş said they smuggled 2021 billion TL 76 million in smuggled goods in 7, an increase of 749% from the previous year, and said: “ A significant portion of the contraband that we have seized consists of narcotics. .” noted. In his speech at the “2021 anti-smuggling …

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Turkey revises citizenship conditions in order to support the lire

The Turkish government has updated its regulations which grant citizenship to foreigners in exchange for a certain amount of investment or the acquisition of real estate, in the last step of authorities’ efforts to support the Turkish lira. Foreigners can become citizens if they own real estate worth at least …

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Binance Adds Turkish Lira, Other Australian Dollar to New Trading Pairs

Popular Cryptocurrency Exchange, Binance, at added seven new trading pairs to its already extensive list. The new pairs are ALICE / BNB, ETH/ UST, LRC/ BNB, GALA/EUR, OOKI / BNB, A/ ETH, and ATOM/TO TRY. Two of these new trading pairs contain fiat currencies. Binance adds 7 new trading pairs …

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Global Atomic’s Turkish operations unaffected by recent government economic announcement

TORONTO, January 4, 2022 / CNW / – Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announces that business is business as usual at its Turkish joint venture, Befesa Silvermet Turkey (“BST”), following recent announcements by the Turkish government regarding the conversion of part …

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Turkish lira slips 5%, eyes on surging inflation

A US dollar banknote is seen next to Turkish lira banknotes in this illustration taken in Istanbul, Turkey on November 23, 2021. REUTERS / Murad Sezer Register now for FREE and unlimited access to Reuters.com Register now ISTANBUL, Jan. 3 (Reuters) – The Turkish lira fell 5% on Monday after …

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Lira hits bridge as Turkey braces for crypto showdown

A year of economic turmoil has sent the Turkish lira plunging to new lows, and retail investors across Turkey (now Turkiye) are racing into cryptocurrencies in a desperate race to protect their economies from drastic devaluations. President Tayyip Erdogan revealed that a cryptocurrency bill is prepared and ready to be …

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Press Release on Encouraging the Conversion of Gold Deposits to Turkish Lira Term Deposits (2021-65)

Press Release on Encouraging the Conversion of Gold Deposits into Turkish Lira Term Deposits December 29, 2021 No: 2021-65 The Central Bank of the Republic of Turkey has decided to offer incentives to holders of deposit and participation funds in the event that their gold deposits and participation funds are …

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Turkish lira drops nearly 8% after surge triggered by intervention – business

The pound fell nearly 8% against the dollar on Monday amid continued investor concern over Turkey’s monetary policy, having jumped more than 50% last week after billions of dollars in interventions on the state-supported market. The pound was also supported last week by a government move to cover exchange losses …

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Expert talks about impact of Turkish lira exchange rate on Azerbaijani economy

December 25, 2021 02:37 PM (UTC + 04: 00) 547 By trend The falling Turkish lira exchange rate impacts Azerbaijan’s economy mainly in two directions, Azerbaijani economic expert Ayyub Karimli said, Trend reports. According to Karimli, the Central Bank of Turkey decided a few days ago to reduce the discount …

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Press review: the United States will sting China in Tibet and can the Turkish lira crash impact Russia – Press review

Izvestia: Russia sees increased military activity along its borders as a serious threat Deploying US and NATO missile systems near Russia’s borders is a very serious challenge for the country which simply has nowhere to retreat, said Russian President Vladimir Putin at an enlarged meeting of the Ministry of Defense. …

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