Fitch
Ratings has cut the Long-Term Foreign-Currency Issuer Default Rating (LTFC IDR)
of Turkey’s state-run Halkbank, citing the nation’s declining foreign currency
reserves and the risk of...
Turkey’s
defense of the lira sent central bank net international reserves to the lowest
level since last May even after it borrowed a record amount of...
The
Turkish Central Bank has transferred TL 40.5 billion ($6.84 billion) to the Treasury
after the government announced on Friday that December’s budget deficit
represented the biggest...
