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Gold hoarding by central banks picks pace in February, but Russia remains big sellerGlobal central banks stepped up gold buying in February, led by strong purchases from Poland, China, and several emerging markets, even as ...
Gold price on Good Friday, Easter Weekend: Check latest Gold rate projectionsGold rates remain volatile as the U.S. dollar and oil prices strengthened after President Donald Trump said the U.S. would continue attacks...
Turkey becomes world’s biggest gold seller, sells 58 tons in 14 days — $8 billion move raises big questionsTurkey sold a large amount of gold in just two weeks, surprising global markets. The move came as the country tried to support its currency...
Turkey's market rout worsens amid protests, worst stock slump since 2008Turkish stocks faced the worst week since 2008 amid political turmoil following the detention of Istanbul mayor Ekrem Imamoglu. The resulta...
RBI buys 72.6 tonnes gold in CY 2024In 2024, the Reserve Bank of India expanded its gold reserves by 72.6 tonnes, reaching a total of 876.18 tonnes valued at $66.2 billion. Th...
Dollar rises ahead of Jackson Hole, Turkish lira ralliesThe dollar index, which measures the greenback against a basket of six major currencies, rose 0.36% to 103.72, bouncing from Wednesday's dr...
Turkish President Erdogan visits Gulf Arab states, seeking funds for ailing economyTurkish President, Recep Tayyip Erdogan, began a three-stop tour of Persian Gulf states in Saudi Arabia in a bid to seek trade and investme...
How did Erdogan held onto power in Turkiye despite worse economy, hyperinflation?What is astonishing is how the majority of Turkish people elected Erdogan despite a worsening economy and now chronic hyperinflation that w...
Turkey's inflation dips to 84.39% for the first time after a span of 17 monthsThe domestic producer price index was up 0.74% month-on-month in November for an annual rise of 136.02%. Last month, the central bank wrapp...
Turkish inflation hits fresh record at 61.1 percentExacerbating a cost of living crisis, consumer prices accelerated to 61.14 percent at an annual rate, up from 54.4 percent in February, acc...
Turkey changes conditions for granting citizenshipForeigners who make a certain investment in the country, buy real estate or make a fixed capital investment could get Turkish citizenship, ...
Turkey stock rout triggers circuit breakers twice in an hourTrading of equities, equity derivatives and debt repo transactions were automatically halted twice within an hour after the Borsa Istanbul ...
Turkish lira plummets to new low ahead another expected rate cutThe sudden slide left the currency with half the value that it had at the end of last year, fuelling inflation in a big emerging market eco...
Turkey central bank raises benchmark rate to 24%; lira ralliesAgreements that are priced in or indexed to foreign currencies to be amended in 30 days
Turkey could be heading into balance-of-payments crisis: UBSAs preventable crises go, Turkey’s current episode is tough to eclipse
Lira extends slide as Erdogan says Turkey in an economic warThe lira tumbled as much as 11 percent against the dollar in thin trading in Asia.
Don't ignore Turkey rate cuts & fall in inflation: Kaushik Basu, Chief Economic Advisor'I urged the RBI to think out of the box and then act. It is my job as an economic adviser to float new ideas and not simply parrot the maj...