State banks help steady Turkish lira despite oil jump

South Africa News News

State banks help steady Turkish lira despite oil jump
South Africa Latest News,South Africa Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

The Turkish lira was flat on Monday despite another jump in oil prices, and thre...

ANKARA - The Turkish lira was flat on Monday despite another jump in oil prices, and three traders said state banks were again selling dollars to support the currency through market turbulence after the U.S. killing of a top Iranian commander.

Since March of last year, traders have pointed to occasional state bank interventions to stabilize the lira. “When we look at state banks’ foreign exchange positions, we can see that in the last weeks of the year steps began to support the lira.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

In New Jersey, a Mega-Mall and a Twitter Account Reclaim a Misunderstood StateIn New Jersey, a Mega-Mall and a Twitter Account Reclaim a Misunderstood StatePeople love to hate on New Jersey. While some try to change that with a new entertainment complex, others are happy to own it
Read more »

‘The Cave’ Director Feras Fayyad Gains Support From IDA, Sundance After State Department Denies Visa‘The Cave’ Director Feras Fayyad Gains Support From IDA, Sundance After State Department Denies VisaThe documentary community is rallying around Syrian-born filmmaker Feras Fayyad, director of Oscar-shortlisted film The Cave, after he was denied a visa to enter the United States. The Internationa…
Read more »

California Becomes the First State to Officially Ban Natural-Hair DiscriminationCalifornia Becomes the First State to Officially Ban Natural-Hair DiscriminationThe first bright piece of news for 2020
Read more »

World is safer because of Iranian commander's death: Secretary of State Mike PompeoWorld is safer because of Iranian commander's death: Secretary of State Mike PompeoNEW: Minority Leader Chuck Schumer to GStephanopoulos: 'I really worry that the actions the president took will get us into what he calls another endless war in the Middle East. He promised we wouldn't have that, and I think we're closer to that now.'
Read more »

Everyone In Middle East Given Own Country In 317,000,000-State SolutionEveryone In Middle East Given Own Country In 317,000,000-State SolutionNEW YORK—Marking the latest and most ambitious attempt to bring stability to the region, the United Nations announced Wednesday that every single person in the Middle East will receive his or her own sovereign nation as part of a historic 317,000,000-state solution.
Read more »

Biden secures backing from several swing-state DemocratsBiden secures backing from several swing-state DemocratsThree battleground centrists with military backgrounds endorsed the former vice president, citing his foreign policy experience.
Read more »



Render Time: 2025-04-03 07:29:41