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Tag: Central bank

“The Swift Appointment of a New Central Bank Governor in Turkey: Insights into the Country’s Economic Program and Inflation Crisis”
Business

“The Swift Appointment of a New Central Bank Governor in Turkey: Insights into the Country’s Economic Program and Inflation Crisis”

Discover the swift appointment of a new Central Bank Governor in Turkey and gain insights into the country’s economic program and inflation crisis. Learn about the history of changes in central bank leadership, the government’s reassurances, and the shift in economic policies. Meet the newly appointed central bank chief, Fatih Karahan, and explore the background of the previous governor’s resignation amidst rumors. Stay informed on Turkey’s economic challenges and the potential impact of this appointment.
The post “The Swift Appointment of a New Central Bank Governor in Turkey: Insights into the Country’s Economic Program and Inflation Crisis” appeared first on News Usa Today.

February 4, 2024 No Comments
The pound topples the black market dollar and gold prices
World

The pound topples the black market dollar and gold prices

The post The pound topples the black market dollar and gold prices appeared first on News Directory 3.
Gold prices and the dollar price on the black market declined together following the Central Bank of Egypt’s decision last Thursday to raise interest rates and the International Monetary Fund’s statement regarding an agreement to increase the loan provided to Egypt. Gold now Gold prices fell by about 250 pounds at once, as a gram […]

February 4, 2024 No Comments

“President Erdogan Appoints Fatih Karahan as New Head of Turkey’s Central Bank Amid Media Scandal – Latest Update!”

The post “President Erdogan Appoints Fatih Karahan as New Head of Turkey’s Central Bank Amid Media Scandal – Latest Update!” appeared first on News Usa Today.
President Erdogan has appointed Fatih Karahan as the new head of Turkey’s Central Bank following the resignation of Hafize Gaye Erkan. Karahan, previously the central bank’s Deputy Governor and a former senior economist at Amazon, is seen as a key player in stabilizing the Turkish economy through monetary tightening. Erkan’s resignation came amid a media scandal, with unfounded allegations against her family. Despite this setback, Erdogan and government officials express support for the economic program initiated under Erkan, which has attracted foreign investors and shown promising results in cooling inflation expectations. Karahan’s appointment is expected to continue the successful trajectory set by Erkan in restoring confidence in Turkey’s financial sector.

February 4, 2024 No Comments
The price of the Saudi riyal today, Saturday 2-3-2024, against the pound, after the Central Bank’s decision - Archyde
News

The price of the Saudi riyal today, Saturday 2-3-2024, against the pound, after the Central Bank’s decision – Archyde

You can read the full story here: The price of the Saudi riyal today, Saturday 2-3-2024, against the pound, after the Central Bank’s decision.
National Medical Association Threatens General Strike Over Government Medical Policy Delivery time2024-02-03 21:03 “If the opinion of the highest expert group, the Medical Association, is excluded, people’s lives will be harmed.” Yonhap News photo [전국광역시도의사회장협의회 제공] (Seoul=Yonhap News) Reporter Seo Seong-ho=The National Association of Metropolitan and Provincial Medical Associations announced on the 3rd, “If the … Read more

February 3, 2024 No Comments
Lebanon’s Central Bank Allows Withdrawal of $150 per Month from Accounts – Economic Crisis Update
News

Lebanon’s Central Bank Allows Withdrawal of $150 per Month from Accounts – Economic Crisis Update

The Central Bank of Lebanon issued a circular allowing depositors to withdraw 0 per month from accounts opened after October 31, 2019, it said in a statement on Saturday. Lebanon’s caretaker Prime Minister, Najib Mikati, said in exclusive statements to Sky News Arabia last January that the government is currently studying a law related to … Read more
You can read the full story here: Lebanon’s Central Bank Allows Withdrawal of 0 per Month from Accounts – Economic Crisis Update .

February 3, 2024 No Comments
The governor of the Turkish central bank resigned – Portfolio.hu
World

The governor of the Turkish central bank resigned – Portfolio.hu

#governor #Turkish #central #bank #resigned #Portfolio.hu Finance Minister Mehmet Simsek announced in a separate statement that the economic program continues undisturbed, and that Erkan’s resignation was his personal decision. Erkan was the first woman at the head of the central bank, before assuming this position, she held the position of president of First Republic bank […]
The post The governor of the Turkish central bank resigned – Portfolio.hu appeared first on World Today Journal.

February 3, 2024 No Comments
What does the decision to raise interest rates in Egypt mean?
World

What does the decision to raise interest rates in Egypt mean?

The post What does the decision to raise interest rates in Egypt mean? appeared first on News Directory 3.
The decision to raise was aimed at reducing inflation expectations and restricting monetary conditions to maintain the decline in inflation rates, according to a statement by the Central Bank of Egypt. This comes at a time when the annual rates of general and core inflation continued to decline, recording 33.7 percent and 34.2 percent, respectively, […]

February 2, 2024 No Comments
Bank of England Keeps Interest Rates Unchanged at 5.25% and Hints at Possible Rate Cut
Business

Bank of England Keeps Interest Rates Unchanged at 5.25% and Hints at Possible Rate Cut

The Bank of England (Britain’s central bank) kept its policy interest rate unchanged at 5.25% on the 1st. He lowered his inflation forecast for this year and removed a piece of his guidance that said further rate rises may be needed, paving the way for a rate cut. Governor Bailey acknowledged that keeping interest rates […]
The post Bank of England Keeps Interest Rates Unchanged at 5.25% and Hints at Possible Rate Cut appeared first on News Directory 3.

February 1, 2024 No Comments
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