Rating agency Fitch keeps Turkey’s credit status at “BB-” and revises outlook from “negative” to “stable”.
President Michel Aoun cautions against bids to destabilise "security and the street" after angry protests over the Arab country's economic crisis.
The first batch of designations target 39 people or entities, including Syrian regime leader Bashar al Assad personally as well as his wife Asma — the first time she has been targeted by US sanctions.
Governments in several countries have blamed speculators for influencing the exchange rate without any economic justification.
Turkey's president is accusing the West, particularly the US, of manipulating lira rates ahead of nationwide local elections on Sunday.
Argentina had secured $50 billion in financing as part of a deal worked out with the International Monetary Fund in June. Now the the Fund has agreed to raise the lending package by $7.1 billion.
“Some are threatening us with economy, sanctions, exchange rates, interests and inflation. We see your game and we challenge it," referring to US, Erdogan said at the Justice and Development (AK) Party's congress in the capital Ankara.
Federation of Money Changers of Herat estimates $2 to $3M cross the porous western Afghan borders into Iran daily. US sanctions have made Tehran desperate for dollars and neighbouring Afghanistan's dollarised economy is an obvious source.
Turkey's Central Bank raises late liquidity window interest rates from 13.50 to 16.50 percent.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2023 TRT World.
Like
Follow