Turkey’s currency tumbled late on Friday to its weakest level in regular trading since May after the Treasury minister suggested the central ...
After 15 years in power as prime minister and president, Recep Tayyip Erdogan’s Turkey finds itself in crisis today, as an indebted country with ...
President Recep Tayyip Erdogan said on Friday he was aware that Turkey's financial market was short on liquidity and preparations were being made to ...
Turkey’s economic growth slowed to 0.9 percent in the second quarter, official statistics showed on Monday, with further declines expected as ...
Turkish markets surrendered early gains on Monday as concerns over the direction of economic and monetary policy weighed on sentiment after President ...
Turkey’s embattled currency, the lira, on Tuesday hit new historic lows against the US dollar after Fitch ratings agency expressed concerns over ...
Turkey’s lira slid to a record low and bond yields briefly touched their highest in at least eight years on Tuesday, after President Tayyip ...
Ratings agency S&P said Tuesday it cut the rating on Turkey’s foreign debt due to deteriorating finances and rising inflation. The grade on ...
Analysts and investors have repeatedly called for a rate hike to rein in inflation and put a floor under the lira
Oct. 12 Turkish stocks and the lira fell and debt insurance costs rose as a blast that killed up to 128 people
The Turkish lira weakened around 1.4 percent underperforming its emerging market peers on investor
Mehmet Simsek says that first quarter indicators of Turkey’s economy are ‘not very good’
The lira has fallen around 12 percent against the dollar this year
The instrument will mature on Feb. 15, 2017, the Treasury said on its website.
Turkey has started sending out ominous signals in the past year
Erdogan and his allies have over the last weeks lambasted central bank Governor Erdem Basci
Annual export figures for 2014 rose 4 percent to $157.62 billion
The $3.5 bln government package will also be funneled towards takeovers of foreign hi-tech companies
The lira's fall risks increasing Turkey's import bill and reducing the bank's room for maneuver
The lira's tumble comes amid concerns about wider emerging-market weakness when the U.S. Federal Reserve begins lifting interest rates
The bank left its one-week repo rate at 8.25 percent, its overnight lending rate unchanged at 11.25 percent
Data showed unemployment hitting a four-year high and the current account deficit widening in Turkey
Turkey is struggling to control inflation even as its economy slows and conflict intensifies in neighboring countries
Social networking sites in Turkey are plastered in notices from customers trying to raise funds in the form of deposits
Investors in Turkish markets are also looking ahead to a central bank meeting on Thursday
The lira slipped after the deputy prime minister's job was handed to a close ally of President Tayyip Erdogan
The Turkish lira had stabilized and the impact of exchange rate volatility on inflation had started to taper off from the second quarter
The negative impact on the Turkish economy of developments in Iraq will be compensated for by recovery in Europe
The central bank aggressively raised key rates in January in a bid to halt a steep drop in the country’s national currency the lira
The corruption scandal, rising inflation and sustained falls in the lira prompted rating agencies to cut their outlook for Turkey
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