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…
Browsing Tag
Lira
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…
