Yesterday I tried to explain the decision of the Central Bank of the Republic of Turkey (CBRT) on a new FX purchasing system. Now it is time to...

  On Friday the Central Bank announced an important decision on FX purchase tenders. In the former system, daily purchase limit was US$80 million....

  What is the first thing that comes to your mind about Pakistan? For instance, it might be the destruction caused by the recent flood disaster. The...

  Capital movements are free in many countries for long. Substantial FX trade is carried out every day. Purchase and sale of different currencies...

  Last Tuesday I began my words stating that Turkey does not have a star sector. The term 'star' referred to sectors exports of which grew with a...

I recently heard that star sectors of Taiwan have been changing. While the ICT sectors used to be more important, these were recently replaced with...

  The most striking one of the decisions the CBRT (Central Bank of the Republic of Turkey) announced the last Thursday was the abolition of the...

  I have postponed and avoided writing about this issue for long. But since I have been talking about exchange rate issue and as the issue was...

  What first comes to your mind when you hear the word Kashmir? For me, it is 'Bush the Second'. Or more precisely, it is a cartoon featured in The...

  My last commentary ended with the following sentence: What is behind this 'terrifying' purchase-sale traffic in the exchange rate market if it is...