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LONDON (Reuters) -Britain and Turkey said on Thursday they will launch negotiations on a new Free Trade Agreement (FTA) with a view to including services as well as goods in the deal. Britain already...
By Vuyani Ndaba and Devayani Sathyan JOHANNESBURG/BENGALURU (Reuters) - Most emerging market currencies will recover 2023 losses and trade modestly higher against the dollar next year as bets on...
By Marc Jones LONDON (Reuters) - Amundi, Europe's largest asset manager and among the top 10 in the world, has started dipping its toe back into the Turkish lira having been impressed by the...
ANKARA - In a bold move to tackle the country's soaring inflation, the Central Bank of Turkey has increased its interest rates by five percentage points, bringing the rate to a staggering 40%. This...
By Ceyda Caglayan ISTANBUL (Reuters) - Turkish clothing manufacturers, the third-largest suppliers of apparel to Europe, face higher production costs and risk falling further behind their Asian...
Analysts at Deutsche Bank (ETR:DBKGn) have forecasted a significant turnaround for Turkish lira bonds, suggesting they could transition from the worst-performing local debt market in emerging...
Turkey's central bank reported a striking development on Monday as the country posted a September current account surplus of $1.88 billion. This positive shift comes after an August deficit of $357...
BUDAPEST (Reuters) - Hungary has asked the European Commission to launch an infringement procedure against Bulgaria over a new fee it has imposed on Russian gas transit shipments, EU affairs minister...
Global banks are revising their interest rates in response to ongoing inflation that has been affecting corporate profit margins and causing stock prices to fall. The Central Bank of Azerbaijan has...
JPMorgan (NYSE:JPM) strategists are holding off on purchasing Turkey's longest-maturity lira bonds until yields reach 35.7%. The team's decision comes in response to the Central Bank of Turkey's...
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