Turkey to reconsider rate hike
Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…
Browsing Tag
Lira
Türkiye resorts on $7bln reserve to keep Lira steady
Turkish central bank resorts to $7 billion worth of reserves during the past two weeks, in a way to stabilize the…
Turkish annual inflation rose to 10.56% in November
Turkey’s consumer price inflation rose to 10.56% year-on-year in November, official data showed on Tuesday,…
Sanctions stress makes Turkey’s lira October’s worst world currency
The slump in Turkey’s lira in the wake of the Turkish military advance into Syria has made it October’s worst…
Turkey raises minimum wages about 26 percent to 2,020 lira
Turkey will increase the minimum wage by 26 percent in 2019, for a monthly minimum wage of 2,020 lira ($381), the…
Lira soars after Turkish central bank hikes rates in a bid to save tumbling currency
The Central Bank of Turkey hiked its benchmark interest rate on Thursday to 24 percent, an increase of 625 basis…
Turkish lira weakens against dollar, minister warns on sanctions
The Turkish lira weakened on Tuesday as investors weighed up Turkey’s efforts to manage its rift with the United…
Turkish lira firms against dollar ahead of Albayrak presentation
The Turkish lira rallied 3 percent on Thursday ahead of a presentation by Finance Minister Berat Albayrak to…
Gold inches up on bargain hunting, dollar pullback
Gold prices recovered on Tuesday from an 18-month low hit in the previous session as a break below a key…
European stocks to open higher as they rebound from Turkey fears
European stocks are expected to open in the black Tuesday morning as concerns over Turkey's economic woes eased.
