Markets

Turkey’s central bank is boosting its reserves with ‘off balance sheet’ short-term swaps — and investors are aghast

Turkey’s central bank admitted that it has boosted its foreign currency reserves with an “off balance sheet” arrangement. The central bank bolstered its holdings with “unorthodox” short-term currency swap deals. When removed from the total, they leave a lower-than-expected figure in its foreign currency reserves, worrying investors and analysts, as […]
Turkey’s central bank is boosting its reserves with ‘off balance sheet’ short-term swaps — and investors are aghast
Markets

Turkey’s lira is rallying after a $15 billion loan from Qatar

Turkey’s lira crashed to an all-time low against the dollar on Monday, but has since been recovering. Qatar boosted the emerging market currency on Thursday with a $US15 billion loan. You can follow the lira live on Markets Insider. The Turkish lira continued to retreat from its historic low against […]
Turkey’s lira is rallying after a $15 billion loan from Qatar
Markets

Turkey’s lira is rallying after a $15 billion loan from Qatar

Turkey’s lira crashed to an all-time low against the dollar on Monday, but has since been recovering. Qatar boosted the emerging market currency on Thursday with a $US15 billion loan. You can follow the lira live on Markets Insider. The Turkish lira continued to retreat from its historic low against […]
Turkey’s lira is rallying after a $15 billion loan from Qatar