Almost all banks seek to transfer these operations to one local institution — Emlak Katılım.This is due to concerns about sanctions and restrictions. Banks that do not have foreign partners refund dollar and euro payments for transactions with Russian and Belarusian companies and advise customers to contact Emlak Katılım to make payments in Turkish lira.Emlak Katılım is the only bank in Turkey that carries out trade transactions in the Russian ruble/Turkish lira pair. Commissions for such transa... Read More
Amidst the ongoing G-7 summit in Italy, US President Donald Trump has stated via his adviser that... Read More
Oil prices declined by 5 percent following the extension of production cuts by Opec causing other... Read More
The South African Reserve Bank kept its interest rates unchanged on Thursday as it played down the... Read More
US President Donald Trump has already called for an investigation regarding the “Manchester leaks” ... Read More
New Zealand anticipates exceeding the budget excess prediction for 2017. The former projected... Read More
The credit rating of China was downgraded by Moody’s Investors Service on Wednesday, the previous A... Read More
Fed officials are now more than ready to raise its short-term interest rates after stating in... Read More
On Tuesday, the U.S. spending reserved for foreign aid for Mexico and Central America are to be... Read More
Two surveys conducted by American businesses this month and showed that the US economy continued to... Read More
British people could possibly face a period of living squeeze as the UK consumer prices are now... Read More
The Organization of the Petroleum Exporting Countries together with its partners are about to... Read More
Intercontinental lenders in Greece has a comprehensive meeting discussing debt sustainability on... Read More
The Supplemental Nutritional Assistance Program or SNAP is currently in peril as Trump’s budget p... Read More
Exports from Japan notably increased for five consecutive months indicating a strong offshore... Read More
During the council held in early May, the staffs of Owasso City made a project proposal for a new... Read More
The extension of production output cut from big oil producing countries caused the oil prices to... Read More
Applications for U.S unemployment benefits had fallen circumstantially during the previous week,... Read More
The Trump administration has already started the first part of its renegotiations with regards to... Read More
The Malaysian economy gained momentum during the first quarter which is anticipated to be reflected... Read More
The Australian currency was able to enter again the positive grounds followed by an increase in... Read More
The Trump administration has recently informed its senators that it is now considering enforcing... Read More
The household debt climbed to an all-time high that affects spending and inflation that moved... Read More
Brazil’s central bank is interested in implementing regulations to the FinTech sector to provide s... Read More
The April reading for the US industrial production data recorded a significant surge compared to... Read More
Talks between Australia and Hong kong are set to discuss the free trade agreement and negotiate... Read More
Aside from the victory of Portugal in the Eurovision Song Contest, its economy accelerated at its... Read More
The International Monetary Fund says that Germany should consider loosening up and boost its... Read More
The export data of Thailand for first quarter moved at its most rapid “quarterly pace” in the ... Read More
A highly positive retail sales data for the US economy has further reaffirmed speculations that... Read More
The economy of China further provided below-expected results of its economic indicators as the... Read More