- Turkey central bank takes steps to address credit availability after rate cut, article with imageMiddle East ·
August 19, 2022
Turkey's central bank unveiled new measures on Saturday meant to address credit availability including higher reserve requirement collateral for lenders, days after it shocked markets with a 100 basis-point interest rate cut to 13%.
- Middle EastIran calls for release of haj pilgrim detained in Saudi Arabia
Iran demanded the immediate release of an Iranian arrested in Saudi Arabia during the haj pilgrimage in July, Foreign Minister Hossein Amirabdollahian said on Thursday during a call with his Omani counterpart, the semi-official Fars news agency reported.