Turkish President Recep Tayyip Erdogan on Thursday launched a blistering attack on Turkey’s central bank, causing a sharp fall in the value of the lira just ahead of a crucial rate decision. The bank is widely expected to raise rates this afternoon to calm economic turbulence after the lira nosedived ...
Iranian Central Bank Governor Abdolnaser Hemmati has discussed a possible replacement of the US dollar by national currencies in trade transactions with Turkish and Russian representatives at the recent trilateral summit of the Syrian ceasefire guarantor states, local media reported. According to the Iranian Labor News Agency (ILNA), the use ...