Central Bank of the Republic of Turkey

Auto Added by WPeMatico

Turkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time Deposits

by

The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time deposits, a statement from the central bank has said. Incentives Intended to Boost Financial Stability The Central Bank of the Republic of Turkey … Read more

Turkish Lira Slump Contributes to Rise in Turkey’s Daily Crypto Trades to Over One Million

by

The popularity of cryptocurrencies in economically embattled Turkey has continued to surge with the number of daily trades now surpassing one million, a report has said. This surge in trades has been attributed to the depreciating lira which plunged to a new low against the USD on December 20. Lira Plunges Cryptocurrency trades in inflation-stricken … Read more