Turkey runs $5.1 billion budget balance surplus in February
Tax revenues at $13.2B, interest payments amounted to $3.2B last month, according to official data.
Tax revenues at $13.2B, interest payments amounted to $3.2B last month, according to official data.
Erdoğan encouraged citizens to bring back to the economy 5,000 tons of gold 'kept under the mattress.'
Turkish Central Bank announced this move as part of the ongoing efforts to shore up the lira.
Intervention comes as lira nears record low of 17 to the US dollar.
Move aims to back Turkish lira after it lost ground to other currencies.
Central Bank to continue to use all tools independently and effectively, says head.
US dollar/Turkish lira exchange rate falls below 7 for first time since Aug. 5 last year.
Lira rises 1.1% to dollar and leads gains across EMEA.
Institute of International Finance (IIF) says that Turkish lira depreciation expected to narrow current account deficit due to import decline, ...