Turkey to reconsider rate hike
Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…
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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.
Turkey crisis proving to be positive for Egypt: FinMin
As Turkey’s growing economic crisis shook investor confidence in lenders exposed to the country, foreign…
IMF, BIS tell Turkey to ensure central bank independence
Global finance chiefs urged Turkey’s President Recep Tayyip Erdogan to preserve the independence of his country’s…
Dollar prices rise ahead of Fed minutes; Turkish lira tumbles
The dollar edged higher versus a basket of currencies on Wednesday, with investors awaiting the minutes of the…
Dollar index at near 4-month high after US jobs data
Dollar prices stayed near its 2018 peak on Monday after U.S. jobs and wages data did little to temper perceptions…
Erdogan is unlikely to win his battle latest campaign against markets in Turkey
Recep Tayyip Erdogan is taking on financial markets again, and if history is a guide, he’s going to lose. The…
Turkish lira falls to record as rising Fed bets add to risks
Turkey’s lira weakened to an all-time low as deteriorating economic data added to concerns about the nation’s…
Turkish lira hits record low of 3.0769 as S&P cuts outlook
Turkey's lira currency reached a record low against the U.S. dollar on Wednesday after ratings agency S&P had…
Lira falls most in 8 years as stock futures sink on Turkey coup attempt
Turkey’s lira sank the most in eight years, an exchange-traded fund tied to the country’s shares declined and U.S.…
Turkish Central Bank Head says to stay put after Lira hits Record Low
Turkish Central Bank Governor Erdem Basci sought to calm jittery investors on Friday, appearing to dismiss rumours…
Turkish Stocks Rise, Lira Gains on Merrill Lynch Upgrade
Turkish shares outpaced emerging markets peers on Friday after Merrill Lynch upgraded Turkish stocks to overweight…
Turkey: a new symbol for the lira
Turkey has chosen a new symbol for its currency – and the country’s prime minister has lost no time in linking it…