by K-man | June 22nd, 2018, 12:06:30 | News
Turkish elections to be held on Sunday 24 June 2018 If Erdogan gets a 4th term with an outright victory on Sunday, expect the latest constant pressure on TRY over internal, external and monetary policies to continue. If by any chance one of the opposition candidates...
by Ryan Littlestone | January 23rd, 2018, 17:13:28 | Cryptocurrencies
A bitcoin-settled wheat transaction has been completed A wheat deal involving freight delivery from Russia to Turkey is not usually something that grabs the headlines but in this case it was different. This was the first freight transaction that was entirely settled...
by K-man | December 28th, 2017, 13:54:52 | News
US reportedly resumes full Turkish visa services USDTRY trade 3.7750 from 3.82 yesterday. haven’t seen a confirmation yet but when US suspended the visa service USDTRY flew from 3.55 up to 3.88.
by K-man | November 21st, 2017, 09:39:15 | Central Banks, News
Ups the Intraday liquidity facility to double size Banks’ borrowing limits at the Central Bank of the Republic of Turkey (CBRT) Interbank Money Market for O/N transactions have been reduced to zero to be effective as of 22 November 2017. Banks’ limit for the intraday...
by K-man | October 8th, 2017, 21:58:09 | News
Up 1.5 % in a virtually empty Sunday night market Reuters reports USDTRY trades above 3.67 from a 3.6160 ish close. I can see this gap closing a bit as the market gets underway on Monday but this is adding to already EU-Turkey stressed...