Turkish central bank

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Turkey finds way to increase its gold fund reserve

Turkey finds way to increase its gold fund reserve

Turkey plans to increase the country's gold reserve through the sale of old cars without owners, and confiscated ones as well. According to Turkish media, local municipalities will sell abandoned or confiscated cars, and the …

Turkey withdraws its gold reserves from US

Turkey withdraws its gold reserves from US

Turkey’s Central Bank has transferred its gold reserves stored in the US Federal Reserve System to Turkey, Turkish media reported, citing sources in the government. The total volume of the gold reserves of Turkey’s …

Erdogan criticizes Turkish Central Bank’s activity

Erdogan criticizes Turkish Central Bank’s activity

Turkey's President Recep Tayyip Erdogan has criticized the activities of the country’s Central Bank. Turkish president said that despite the fact that he recommended lowering interest rates, …

Christine Lagarde: IMF closely monitors situation in Turkey

Christine Lagarde: IMF closely monitors situation in Turkey

IMF Managing Director Christine Lagarde said quick action by Turkey’s central bank and other agencies has helped calm financial markets after an attempt by members of the military to unseat President Recep Tayyip …

 Turkish Lira Climbs To 11-day High Against US Dollar

Turkish Lira Climbs To 11-day High Against US Dollar

The Turkish Lira drifted higher against the US dollar in European trading on Tuesday, as the latter weakened across the board, while emerging market assets saw demand on bets that the UK is likely to remain in the EU at the referendum …