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Turkey's Treasury and Finance Minister Mehmet Simsek has announced that the country may exclude financial institutions, including banks, from its planned switch to hyperinflation accounting. This move could support the state's tax income. Additionally, Turkey is preparing new legislation covering crypto-assets in an effort to be removed from the Financial Action Task Force's 'grey list' of countries that have taken insufficient action against money laundering and terrorist financing. The country's central bank is also implementing measures to boost the proportion of lira deposits in the financial system.
#Turkey raises year-end inflation forecast to 65%, amid economic headwinds https://t.co/qJtbLo2zOj
Turkey raised its year-end annual inflation projection to 65% from 58%, citing weakening global economic activity and increased oil price volatility. (via @ezgi_akin) https://t.co/xXZq3HK0ZX
Nigerian central bank clears some foreign exchange forward contracts in what it sees as a key step to stabilizing the naira https://t.co/IDYxEU4nyK
Nigerian central bank clears some foreign exchange forward contracts in what it sees as a key step to stabilizing the naira https://t.co/QHVChS7ZZP
Nigerian central bank clears some foreign exchange forward contracts in what it sees as a key step to stabilizing the naira https://t.co/ORIgiK0qpJ
Nigerian Central Bank Refutes Claims It Plans to Redenominate the Naira in 2024. #nairadepreciation #cenbank https://t.co/SYH5S1Ij0d
Turkey hikes required reserves ratio for FX-protected lira deposits https://t.co/5ILq0vvWrb https://t.co/G5pnnVz3er
Turkey’s central bank steps up its efforts to boost the proportion of lira deposits in the financial system by introducing a new set of measures https://t.co/a3Dh9TMYI1
Turkey’s central bank steps up its efforts to boost the proportion of lira deposits in the financial system by introducing a new set of measures https://t.co/iOT5VcFZpF
Turkey prices decline due to surplus of birds as Thanksgiving planning ramps up https://t.co/vXKK1BnOgF https://t.co/XZtHjHuQ8Q
Turkey prices are tumbling, but that won't help your overall Thanksgiving dinner cost less than last year's, a new report says https://t.co/1OEq4pm4SJ
Turkey prices are tumbling, but that won't help your overall Thanksgiving dinner cost less than last year's, a new report says https://t.co/aVDX9MjAH1
Turkey prices are tumbling, but that won't help your overall Thanksgiving dinner cost less than last year's, a new report says https://t.co/ATbgs80hlV
Turkey is in the final stages of introducing crypto legislation, a development that could lead to its removal from the FATF grey list, says Finance Minister Mehmet Şimşek https://t.co/BFhGnUZvPB
Turkey is preparing new legislation covering crypto-assets to persuade an international crime watchdog to remove it from a "grey list" of countries that have taken insufficient action to prevent money laundering and terrorist financing. The only remaining issue within the scope… https://t.co/h1H03Vo3JO
Turkey to propose fresh crypto asset legislation in line with FATF standards: report https://t.co/zYThORsH3w
Turkey overhauls crypto regulations in a bid to leave FATF gray list. https://t.co/rGycJx0ahP
Turkey may exclude banks from inflation-adjusted accounting -minister https://t.co/vLHOHJSuJ9 https://t.co/mk5qtaAI9A
Turkey may exclude financial institutions from its planned switch to hyperinflation accounting, Treasury and Finance Minister Mehmet Simsek says, a move that could support the state’s tax income https://t.co/VPDasApzz0
Turkey may exclude financial institutions from its planned switch to hyperinflation accounting, Treasury and Finance Minister Mehmet Simsek says, a move that could support the state’s tax income https://t.co/xCjIE4k7Ey
Turkey's finance minister has said we have only one requirement to complete to be removed from the Financial Action Task Force's economically hurtful "grey list" (@FATFNews). By @amitoj. https://t.co/8S0vdhS2yU
Turkey to toughen law on crypto assets - minister https://t.co/4nOuSpJkOw https://t.co/3kiNo9DNmw