Results for
lira
72 Results-
Turkey’s lira hits new record low
The Turkish lira slipped to a new record low on Monday as investors waited for indications on policy moves after the appointment of a new central bank ... Economy -
Turkish lira weakens to record low of 18.75 against dollar, with losses near 30 pct
Turkey’s lira hit a record low of 18.75 against the dollar on Monday, bringing its losses this year to nearly 30 percent, edging lower after a period ... Economy -
Major Turkish business group calls for an end to Erdogan’s low-rates policy
Turkey’s largest business group, TUSIAD, on Saturday urged President Tayyip Erdogan’s government to abandon a controversial monetary policy based on ... Economy -
Authorities in Turkey probe warnings of medicine shortages after lira crash
Turkish authorities are probing discrepancies between records and actual supplies of some medicines, the Health Ministry said on Tuesday, after ... Economy -
Turkish lira edges back from record low triggered by sharp rate cut
The Turkish lira firmed to 9.5 against the dollar on Friday morning, rebounding from a record low a day earlier when the central bank slashed its ... Economy -
Turkish lira strengthens after central bank promises tight policy
Turkey’s lira strengthened some 1 percent against the dollar on Friday, supported by a fall in US bond yields, a day after the new central bank ... Economy -
Turkey’s current account deficit surges as unemployment drops due to COVID-19 impact
Turkey’s current account deficit leapt to $4.06 billion in November, central bank data showed on Monday, exceeding a poll forecast of $3.7 billion as ... Economy -
Turkish Finance Minister Albayrak resigns following 30 percent slide in Turkish Lira
Turkish Finance Minister Berat Albayrak said on Sunday he was resigning for health reasons, the second surprise departure of a top economic ... Middle East -
Turkish lira slips to new record low for 8th day straight
Turkey’s central bank said on Monday it would shut one of the last windows for lenders to access cheaper funding in its latest step to support the ... Economy -
Turkish lira weakens near to record low after policy tightening move by Central Bank
The Turkish lira neared a record low on Friday as investors weighed up the central bank’s return to “stealth” tightening through its interest rate ... Economy -
Turkish lira hits record low with no rate hike in sight
Turkey’s currency continued its gradual descent to record lows on Wednesday, reflecting expectations the central bank would not hike rates to stem the ... Economy -
Turkey raises bank lending rates as lira value plummets
Turkey’s central bank took a further step to push up the cost of borrowing on Tuesday, two days before its monthly rate-setting meeting, as the lira ... Economy -
Turkey’s lira collapses to record low against US dollar
Turkey’s lira fell to a new record low against the US dollar on Monday, as investors weighed up tightening steps by the central bank and looked ahead ... Economy -
Coronavirus: Turkish lira hits record low as forex reserves dwindle amid slowdown
Turkey’s lira on Thursday set a new record low against the US dollar as investors worried about the government’s economic policies and dollar reserves ... Coronavirus -
Lebanon's inflation reaches new highs as increasing chaos reigns over exchange market
The dollar is continuing its steady and brisk decline in Lebanon. In a week, the Lebanese lira lost over 40 percent of its value against the dollar. ... Middle East -
Turkish lira weakens after Turkish troops killed in Syria
Turkey’s lira weakened 0.2 percent against the dollar on Friday after an air strike by Syrian government forces in Syria’s northwest Idlib ... Economy -
Turkish lira slightly weaker against dollar after US Halkbank move
The Turkish lira was slightly weaker against the dollar on Wednesday after US charged majority state-owned Halkbank with taking part in a multibillion ... Business -
Turkish lira weakens slightly, focus turns to Syria offensive
Turkey’s lira weakened slightly on Wednesday as investors pondered prospects for Ankara’s planned incursion in northeast Syria, with an ... Business -
Turkish lira weakens as investors remain cautious of emerging markets
Turkey's lira weakened more than one percent on Tuesday, declining for a third straight trading session, as investors remain cautious of emerging ... Financial Markets -
Turkish consumer confidence drops to lowest level on record in May
Turkey’s consumer confidence tumbled to 55.3 points in May from 63.5 points in April, Turkish Statistical Institute data showed on Tuesday, ... Economy -
Turkish state banks sold around $4.5 bln last week to support lira: sources
Turkish state banks sold around $4.5 billion last week including a final intervention late on Friday, sources told Reuters, to support the lira and ... Economy -
Turkish lira weakens against dollar, weakest since Sept 24
Turkey’s currency weakened beyond 6.24 against the dollar on Thursday, hitting its weakest level in eight months amid concerns over the re-run ... Financial Markets -
Confrontation between Erdogan and ex-PM Davutoglu out in the open
Former Turkish Prime Minister Ahmet Davutoglu recently criticized President Tayyip Erdogan and the ruling Justice and Development Party (AKP), blaming ... Features -
Turkish lira weakens as Erdogan questions initial election result
The Turkish lira weakened to as far as 5.7120 against the dollar on Monday after Turkish President Tayyip Erdogan said the margin of votes in Istanbul ... Economy -
Turkish lira slips after local elections highlighted economic downturn
The Turkish lira weakened 0.3 percent against the dollar early on Monday after local elections in which President Tayyip Erdogan’s AK Party lost ... Economy -
Turkey ramps up efforts to defend currency ahead of elections
Ahead of local elections next Sunday, Turkish authorities are cracking down on speculative trading on the lira, driving up the cost of borrowing the ... Economy -
Turkish lira plunges, banks start providing liquidity again
The Turkish lira dived 5 percent against the dollar on Thursday as a senior official said banks had started providing the currency to the London ... Economy -
Turkish stocks slide 5 percent on foreign selling
Turkey’s main share index dropped 5 percent to its lowest level since mid-January on Wednesday, as foreign investors in need of lira flocked to ... Economy -
Turkish Central Bank move could plunge lira into further turmoil
The Turkish lira is the world’s worst-performing currency, having lost more than 5 5% of its value from a high at the end of November.The ... Economy -
Turkish lira weakens after Trump comment on economic devastation
Turkey’s lira weakened against the dollar on Monday after U.S. President Donald Trump warned it would devastate Turkey economically if it ... Financial Markets