14
Aug
16:34
Turkey’s Botas fixes exchange rate for gas prices
Turkey’s state-owned pipeline operator, Botas, has reportedly fixed the currency exchange rate of dollar to the Turkish lira at 6.50 for wholesale natural gas prices sold to power generation customers.
An unnamed official told Reuters on Tuesday the fixed rate will be effective for two weeks, until September.
Amid the ongoing economic and diplomatic turmoil in Ankara, the lira has lost some 42% of its value against the dollar this year. It was trading a…
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Very good overview of the weekly steel market.
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