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US retail inventories increase 0.7% in June

ISTANBUL: US retail inventories increased 0.7% in June, from the previous month, according to the Commerce Department’s Census Bureau advance figure released Wednesday.

The figure, which measures the change in the total value of goods held in invento…

Trkiye’s Central Bank to end lira currency swap transactions

ISTANBUL: The Central Bank of Trkiye (CBRT) will terminate Turkish lira currency swap market transactions via the quotation method in a bid to diversify the sterilization tools.

According to the instructions sent to lenders, the decision will be effe…