Qatar To Invest 15 billion in Turkey’s Financial Markets And Banks

Qatar King Sheikh Tamim bin Hamad Al Thani has pledged to make direct investment in Turkey and announced a 15-billion US dollar investment into the country’s financial markets and banks. The announcement came after holding talks with Turkish President Recep Tayyip Erdogan in Ankara. 
Turkey is currently grappling with a currency crisis and heightened tensions with the United States, its NATO ally. Sheikh Tamim is the first foreign head of state to visit Ankara since the stand-off with Washington. 
Source- AIR World Service

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Turkey Capital- Ankara, Currency- Turkish lira, President- Recep Tayyip Erdogan. 
  • Qatar Capital- Doha, Currency- Qatari riyal. 

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