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  • CPM Group
    • Company Overview
    • Why CPM?
    • The Team
    • Industry Leadership
  • Services
    • Commodities Research
      • Precious Metals Research
        • Silver Services
        • The Normative Role of Gold In Investment Portfolios
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      • Energy Metals and Technology
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Category: Gold

Commodities·Gold

Good as gold: Turkey uses bullion to stabilize its economy

June 7, 2018
Turkey’s economy has been in a tailspin with an inflationary currency, but the country is using something rare to help stabilise itself: gold. In late 2011, Turkey started to allow commercial banks to use gold instead of the Turkish lira for their required deposits at the central bank. These deposits are known as reserve requirements […]
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