Berat Albayrak
Turkey's Treasury and Finance Minister Berat Albayrak met representatives of financial institutions that manage assets worth $15 trillion in London.
Following meetings with Britain's Finance Minister Philip Hammond and State Minister Alan Duncan, he met directors and representatives of 11 financial institutions.
Albayrak narrated Turkey's 15-year success story and future policies that will be implemented in the frame of a stronger strategy.
Last month, Albayrak held a teleconference with around 6,100 international investors and said the government aimed at making Turkey an investment center in the region.
Turkey's stock exchange rose 0.36 percent, or 338.90 points, to open at 94,254.45 points on Tuesday.On the second transaction day of the week, the Borsa Istanbul banking and holding sector indices gained 0.35 percent and 0.36 percent, respectively.While all sector indices started the day on rise, the leasing factoring sector index posted the best performance, up 1.39 percent.On Monday, Borsa Istanbul's BIST 100 closed at 93,915.55, up 1.29 percent, or 1,192.15 points, with a trade volume of 6.6 billion Turkish liras ($993.4 million).One U.S. dollar traded for 6.6170 Turkish liras as of 9 a.m. local time (0600GMT) Tuesday, down from 6.6300 at Monday's close.The euro/lira exchange rate was 7.6680 by market open, versus 7.7110 at the previous close, and one British pound traded for 8.5240 Turkish liras, while the GBP/TRY rate was 8.5550 at Monday's close.The price of Brent oil rose to $78.22 per barrel as of 10.00 a.m. local time (0700GMT) Tuesday, compared to $78.15 on Monday -- climbing from around $66 at the beginning of 2018.
Turkey's Borsa Istanbul up at start
Turkish Trade Minister Ruhsar Pekcan will meet with Qatari Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani in order to ink a Trade and Economic Partnership agreement on Tuesday.The deal aims to reduce Turkey’s account deficit and ensure investments from Qatar continue to flow to Turkey.The Trade and Economic Partnership agreement also targets a comprehensive liberalization of goods between Turkey and Qatar for goods and services, and to reduce the cost of refined oil products and natural gas. The deal also covers telecommunications and financial services.Qatar's exports to Turkey in the first seven months of 2018 reached $611 million, while imports amounted to $195 million.Turkish contractors have undertaken 137 projects in Qatar to date, valued at $14.8 billion.Saudi official hints at plan to dig canal on Qatar border'Economic hitmen target emerging economies like Turkey'
Turkey, Qatar to ink trade deal on Tuesday