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Results for
Turkish lira
18 Results-
Turkish government to present extra budget as lira dives
The Turkish government is soon expected to present to parliament an additional budget for next year, two officials said, because a sharp lira selloff ... Economy -
Turkish lira plummets to new low, central bank intervenes
The Turkish lira crashed as much as 7 percent to a new record near 15 to the dollar on Monday, gripped by worries over President Tayyip Erdogan’s ... Economy -
S&P lowers Turkey outlook to negative, citing ‘rising risks’
S&P Global Ratings on Friday changed its outlook for Turkey’s credit rating to negative from stable, as the country struggles with high inflation and ... Economy -
Erdogan says he hopes volatile Turkish lira will steady soon
Turkish President Tayyip Erdogan said on Saturday he hoped that volatile foreign-exchange and inflation rates would stabilize shortly and he again ... Economy -
Turkey’s Erdogan stays firm on interest rates, lira weakens four percent
Turkish President Tayyip Erdogan said he will never defend interest rate hikes nor compromise on the issue, NTV and other broadcasters reported on ... Banking & Finance -
Turkish lira in historic 15 percent crash after Erdogan stokes fire sale
Turkey’s lira nosedived 15 percent on Tuesday in its second-worst day ever after President Tayyip Erdogan defended recent sharp rate cuts, and vowed ... Banking & Finance -
IIF hikes Turkish lira ‘fair value’ view to 9.5 after selloff
The Institute of International Finance raised its “fair value” estimate for Turkey’s lira to 9.50 versus the dollar from 7.50 due to “a sharp ... Economy -
Turkey’s lira slid as much as 2% as executive-level overhaul spreads
The Turkish lira slid as much as 2% on Friday as executive overhauls at state bank Ziraat and the exchange operator followed the shock replacement of ... Economy -
Turkish lira gains 1 percent after US unveils ‘lighter’ sanctions over S-400 defenses
Turkey’s lira rallied about 1 percent after the United States unveiled long-anticipated sanctions over Turkey’s purchase of Russian S-400 defenses ... Financial Markets -
Turkish lira weakens after sources say US set to impose sanctions
The Turkish lira extended losses against the dollar late on Thursday after sources said the United States was poised to impose sanctions on Turkey ... Economy -
Turkish lira sinks to new record low amid possible US sanctions
Turkey's lira touched a fresh record low against the dollar on Wednesday, hit by investor unease over possible US sanctions, fraught ties with the ... Economy -
As Caucasus clashes continue, Turkish lira again hits new low
The lira skidded to record lows against the dollar, euro and pound on Monday amid concern that Turkey could get more involved in a fast-escalating ... Economy -
Turkish lira again hits new lows
The Turkish lira drifted further into record low territory on Monday and touched 7.58 against the dollar, as expectations grew that the central bank ... Economy -
Coronavirus: Lira reaches new low as Turkish inflation remains high
Turkey's lira slid to a new all-time low on Thursday after data showed annual inflation remained near 12 percent and stubbornly above the central ... Coronavirus -
Turkish lira collapses to new low: ‘Soon we will be like Syria or Libya’
The Turkish lira hit new lows on Thursday as Turkey continues to face economic uncertainty with the lira continuing to fall and inflation rising.With ... World News -
Lira stumbles again for fourth straight day as Turkish assets take a hit
Turkish assets took another hit on Thursday as the lira weakened for a fourth straight day in choppy trade, and dollar bonds tumbled amid lingering ... Economy -
Coronavirus fallout: Turkey hikes tax on forex transactions to 1pct from 0.2 pct
Turkey has hiked a tax on the buying of foreign currency to 1 percent from 0.2 percent in a move meant to curb fallout for the lira from the ... Coronavirus -
Turkey bans 3 banks from transactions as lira hits record low against the dollar
Turkey blocked BNP Paribas, Citibank, and UBS from making lira transactions after the currency hit a record low against the dollar on Thursday, as ... Coronavirus
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