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Turkey’s banking regulator drops forex trading ban on 3 foreign lenders

Turkey’s Banking Regulation and Supervision Agency (BDDK) is dropping a trading ban imposed last week on UBS, Citigroup and BNP Paribas because they promptly fulfilled foreign...

Turkish banks banned from some foreign currency trades after lira plunges: report

Turkish banks have been banned from performing some foreign-currency trades with UBS, Citibank and BNP Paribas as part of a series of dramatic interventions by the...

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