Süreyya Serdengeçti
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Süreyya Serdengeçti
Süreyya Serdengeçti is a Turkish economist and former Governor of the Central Bank of Turkey. He is currently working as a lecturer in Economics at the TOBB University of Economics and Technology in Ankara, Turkey. Early life He was born in 1952 in Istanbul, Turkey. After attending the Galatasaray High School in Istanbul, he studied Economics at the Middle East Technical University in Ankara and earned his BS degree in 1979. From 1984 to 1986, he attended The Graduate Program in Economic Development at (GPED) at Vanderbilt University in Nashville, Tennessee, U.S. and received a master's degree in Economics. Career Serdengeçti entered the Central Bank of Turkey in 1980 and worked first in the Exchange Department's Debt Relief division, then the Foreign Exchange Transactions division. After returning from the US, he served as the manager of the Foreign Exchange Transactions and from 1992 onward as the Open Market Operations manager. In 1994, he was appointed as the press sp ...
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List Of Governors Of The Central Bank Of Turkey
The following is a list of governors of the Central Bank of the Republic of Turkey. From its foundation until January 26, 1970, the heads of the Central Bank were in the status of General Director. Thereafter the title was changed to Governor. References Newspaper ''Tercüman'' Newspaper ''Dünya'' {{DEFAULTSORT:List Of Governors Of The Central Bank Of Turkey Governors, Central Bank Economy of Turkey-related lists * Turkey Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armen ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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Turkish Economists
Turkish may refer to: * Something related to Turkey ** Turkish language *** Turkish alphabet ** Turkish people, a Turkic ethnic group and nation *** Turkish citizen, a citizen of Turkey *** Turkish communities in the former Ottoman Empire * The word that Iranian Azerbaijanis use for the Azerbaijani language * Ottoman Empire (Ottoman Turkey), 1299–1922, previously sometimes known as the Turkish Empire ** Ottoman Turkish, the Turkish language used in the Ottoman Empire * Turkish Airlines, an airline * Turkish music (style), a musical style of European composers of the Classical music era * Turkish, a character in the 2000 film '' Snatch'' See also * * * Turk (other) * Turki (other) * Turkic (other) * Turkey (other) * Turkiye (other) * Turkish Bath (other) * Turkish population, the number of ethnic Turkish people in the world * Culture of Turkey * History of Turkey ** History of the Republic of Turkey * Turkic languages ...
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Turkish Non-fiction Writers
Turkish may refer to: * Something related to Turkey ** Turkish language *** Turkish alphabet ** Turkish people, a Turkic ethnic group and nation *** Turkish citizen, a citizen of Turkey *** Turkish communities in the former Ottoman Empire * The word that Iranian Azerbaijanis use for the Azerbaijani language * Ottoman Empire (Ottoman Turkey), 1299–1922, previously sometimes known as the Turkish Empire ** Ottoman Turkish, the Turkish language used in the Ottoman Empire * Turkish Airlines, an airline * Turkish music (style), a musical style of European composers of the Classical music era * Turkish, a character in the 2000 film '' Snatch'' See also * * * Turk (other) * Turki (other) * Turkic (other) * Turkey (other) * Turkiye (other) * Turkish Bath (other) * Turkish population, the number of ethnic Turkish people in the world * Culture of Turkey * History of Turkey ** History of the Republic of Turkey The Turkey, Re ...
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Turkish Lira
The lira (; Currency sign, sign: Turkish lira sign, ₺; ISO 4217, ISO 4217 code: TRY; abbreviation: TL) is the official currency of Turkey. It is also legal tender in the ''de facto'' state of the Turkish Republic of Northern Cyprus. One lira is divided into one hundred ''kuruş''. The current lira is the Second Turkish lira, having succeeded the first Turkish lira in 2005 which in turn succeeded the Ottoman lira in 1923. Since 2018 the Turkish lira has been in crisis, having plummeted in value following Turkish president Recep Tayyip Erdoğan, Erdogan's economic and political policies. History Ottoman lira (1844–1923) The lira, along with the lira, related currencies of Europe and the Middle East, has its roots in the Ancient Rome, ancient Roman unit of weight known as the Libra (weight), libra which referred to the Troy weight, Troy pound of silver. The Roman libra adoption of the currency spread it throughout Europe and the Near East, where it continued to be used into ...
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Exchange Rate
In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro. The exchange rate is also regarded as the value of one country's currency in relation to another currency. For example, an Interbank lending market, interbank exchange rate of 141 Japanese yen to the United States dollar means that ¥141 will be exchanged for or that will be exchanged for ¥141. In this case it is said that the price of a dollar in relation to yen is ¥141, or equivalently that the price of a yen in relation to dollars is $1/141. Each country determines the exchange rate regime that will apply to its currency. For example, a currency may be floating exchange rate, floating, fixed exchange rate, pegged (fixed), or a hybrid. Governments can impose certain limits and controls on exchange rates. Countries can als ...
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Kemal Derviş
Kemal Derviş (; 10 January 1949 – 8 May 2023) was a Turkish economist and politician who was head of the United Nations Development Programme. He was honored by the government of Japan for having "contributed to mainstreaming Japan's development assistance policy through the United Nations". In 2005, he was ranked 67th in the Top 100 Public Intellectuals Poll conducted by '' Prospect'' and ''Foreign Policy'' magazines. He was vice president and director of the global economy and development program at the Brookings Institution and part-time professor of international economics at the Graduate Institute of International and Development Studies in Geneva. In March 2015, Derviş agreed to become the Deputy Prime Minister of Turkey responsible for the economy in a cabinet led by Republican People's Party (CHP) leader Kemal Kılıçdaroğlu should his party form the government after the general election to be held in June. He declined to become a Member of Parliament however, s ...
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Gazi Erçel
A ''ghazi'', or ''gazi'' (, , plural ''ġuzāt'') is an individual who participated in ''ghazw'' (, ''wikt:ghazwa, ''), meaning military expeditions or raids against non-Muslims. The latter term was applied in early Islamic literature to expeditions led by the Islamic prophet Muhammad, and later taken up by Turkic military leaders to describe their wars of conquest. In the context of the wars between Russia and the Muslim peoples of the Caucasus, starting as early as the late 18th century's Sheikh Mansur's resistance to Russian expansion, the word usually appears in the form ''gazavat'' (). In English-language literature, the ''ghazw'' often appears as ''Razzia (military), razzia'', a borrowing through French from Maghrebi Arabic. In modern Turkish language, Turkish, ''gazi'' is used to refer to veterans, and also as a title for Turkic Muslim champions such as Ertuğrul and Osman I. Ghazwa as raid—razzia In pre-Islamic Bedouin culture, ghazw[a] was a form of limited warfar ...
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Treasury Auctions
A treasury is either *A government department related to finance and taxation, a finance ministry; in a business context, corporate treasury. *A place or location where treasure, such as currency or precious items are kept. These can be state or royal property, church treasure or in private ownership. The head of a treasury is typically known as a treasurer. This position may not necessarily have the final control over the actions of the treasury, particularly if they are not an elected representative. The adjective for a treasury is normally treasurial. The adjective "tresorial" can also be used, but this normally means pertaining to a ''treasurer''. History The earliest found artefacts made of silver and gold are from Lake Varna in Bulgaria dated 4250–4000 BC, the earliest of copper are dated 9000–7000 BC. The Greek term ''thêsauros'' (treasury) was first used in Classical times to describe the votive buildings erected to house gifts to the gods, such as the Si ...
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Open-market
The term open market is used generally to refer to an economic situation close to free trade. In a more specific, technical sense, the term refers to interbank trade in securities. In economic theory Economists judge the "openness" of markets according to the amount of government regulation of those markets, the scope for competition, and the absence or presence of local cultural customs which get in the way of trade. In principle, a fully open market is a completely free market in which all economic actors can trade without any external constraint. In reality, few markets exist which are open to that extent, since they usually cannot operate without an enforceable legal framework for trade which guarantees security of property, the fulfillment of contractual obligations associated with transactions, and the prevention of cheating. A physical open market is a space where anyone wishing to trade physical goods may do so free of selling charges and taxes, and has come to be regard ...
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Interbank
Interbank, formally the Banco Internacional del Perú Service Holding S.A.A. is a Peruvian provider of financial services. History In 1897, Elias Mujica opened an agency at the Jirón de la Unión in Lima's historic centre under the name of ''Banco Internacional''. In 1934, branches were opened in Chiclayo and Arequipa, and later expansions included Piura, Sullana and other places in Peru. Under the military government of Juan Velasco Alvarado, in 1970, the national bank ( Banco de la Nación) purchased ''Banco Internacional'' and changed its name to ''Banca Asociada del País''. Ten years later, under the democratic government of Fernando Belaunde Terry, the bank changed its name to ''InterBanc'' but it was still property of the Peruvian government. In July 1994, Carlos Rodriguez-Pastor Sr. along with several North American businessmen purchased 91% of the bank's stocks. The new owners changed the name to ''Interbank''. Part of the expansion strategy at that point was ...
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Balance Of Payments
In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world. In other words, it is economic transactions between countries during a period of time. These financial transactions are made by individuals, firms and government bodies to compare receipts and payments arising out of trade of goods and services. The balance of payments consists of three primary components: the current account, the financial account, and the capital account. The current account reflects a country's net income, while the financial account reflects the net change in ownership of national assets. The capital account reflects a part that has little effect on the total, and represents the sum of unilateral capital account transfers, and the acquisitions and ...
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