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3232Report: Turkey’s September Gold Imports up by 1,700% as Individuals Swap Falling Lira With the Precious Metal
https://www.digit.info/report-turkeys-september-gold-imports-up-by-1700-as-individuals-swap-falling-lira-with-the-precious-metal/
Fri, 14 Oct 2022 22:30:03 +0000https://www.digit.info/2022/10/14/report-turkeys-september-gold-imports-up-by-1700-as-individuals-swap-falling-lira-with-the-precious-metal/Read more]]>Turkey’s gold imports of just over 39,000 kilograms in September 2022 are more than 16 times the quantity that was brought into the country in September 2021. The surge in Turkey’s gold imports is reportedly being spurred by the rise in demand for the precious metal by individuals and entities using it in foreign currency […]
]]>Latest Turkey Inflation Rate of 79.6% the Highest in 24 Years — Weakening Lira and Russia-Ukraine War Blamed
https://www.digit.info/latest-turkey-inflation-rate-of-79-6-the-highest-in-24-years-weakening-lira-and-russia-ukraine-war-blamed/
Sat, 06 Aug 2022 07:30:18 +0000https://www.digit.info/2022/08/06/latest-turkey-inflation-rate-of-79-6-the-highest-in-24-years-weakening-lira-and-russia-ukraine-war-blamed/Read more]]>According to the latest data from the Turkish Statistical Institute, the country’s annual inflation rate for the month of July was 79.6%, the highest in 24 years. Rising transportation costs, food and non-alcoholic beverages were some of the product categories that contributed to the overall rate increase. Transportation Costs Rose the Most Turkey’s consumer inflation […]
]]>Turkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time Deposits
https://www.digit.info/turkey-reveals-scheme-that-encourages-the-conversion-of-gold-deposits-into-lira-time-deposits/
Sun, 02 Jan 2022 10:19:43 +0000https://www.digit.info/2022/01/02/turkey-reveals-scheme-that-encourages-the-conversion-of-gold-deposits-into-lira-time-deposits/Read more]]>The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time deposits, a statement from the central bank has said. Incentives Intended to Boost Financial Stability The Central Bank of the Republic of Turkey […]
Turkey’s gold imports of just over 39,000 kilograms in September 2022 are more than 16 times the quantity that was brought into the country in September 2021. The surge in Turkey’s gold imports is reportedly being spurred by the rise in demand for the precious metal by individuals and entities using it in foreign currency […]
According to the latest data from the Turkish Statistical Institute, the country’s annual inflation rate for the month of July was 79.6%, the highest in 24 years. Rising transportation costs, food and non-alcoholic beverages were some of the product categories that contributed to the overall rate increase. Transportation Costs Rose the Most Turkey’s consumer inflation […]
The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time deposits, a statement from the central bank has said. Incentives Intended to Boost Financial Stability The Central Bank of the Republic of Turkey […]