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Drain in Foreign Exchange Reserves Stops and Attention Turns to Interest Rate Cut
Following the fund crisis, the bleeding in foreign currency reserves, which had melted by 13 billion dollars, stopped and a 6.5 billion dollar increase was recorded in the first three days. Markets are now awaiting the interest rate decision on October 22.
News
Economy
TBMM October Economic Agenda and Budget Preparations Begin
The main agenda of the Grand National Assembly of Turkey for October will be the economy. A proposal regarding refunds to investors in funds under liquidation is coming to the committee, and the budget bill will also be submitted.
News
Economy
New 9-article bill for the liquidation of investment funds submitted to Parliament
A legislative proposal has been submitted to Parliament to provide interim payments of up to 1 million TL to investors of 131 funds liquidated by the decision of the Capital Markets Board and to audit the processes.
News
Economy
Bill on the liquidation and payments of investment funds submitted to Parliament
A 9-article bill prepared for liquidated investment funds has been submitted to the Grand National Assembly of Turkey (TBMM). No public funds will be used in the process, and interim payments of up to 1 million liras will be made to investors.
News
Economy
