Tue, 21-Oct-2025

POLL Dollar’s dream run continues, with few obstacles in its path

POLL

The U.S. dollar has soared another 12% this year. Analysts say there is no good reason to expect the rally to stall yet. Only 11 respondents said less than three months for the dollar to weaken. The euro, Japanese yen, and British pound have all weakened by double-digit percentages this year. The POLL dollar will … Read more

Turkey faces threat of inflation, currency crisis

Turkey faces threat of inflation

ANKARA: Turkey’s Central Bank meeting on Thursday was held amid heated debates about the high interest rates and the continued depreciation of the Turkish lira against foreign currencies, Arab News reported. As expected, the central bank cut rates by another 100bps, which sent the lira plummeting to a new record low. On Wednesday, Turkish President Recep Tayyip … Read more