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Results for

turkish lira

65 Results
  • Turkish lira falls as investor concerns grow over Syria escalation

    Turkish lira falls as investor concerns grow over Syria escalation

    The Turkish lira weakened some 0.6 percent against the dollar on Tuesday as investors grew increasingly concerned about an escalation of violence ...
    Economy
  • Turkey’s lira in late-day slide to weakest level since May

    Turkey’s lira in late-day slide to weakest level since May

    Turkey’s currency tumbled late on Friday to its weakest level in regular trading since May after the Treasury minister suggested the central ...
    Financial Markets
  • Turkish lira slides again after Ankara’s latest intervention

    Turkish lira slides again after Ankara’s latest intervention

    Turkey’s lira slid to its weakest level in daily trade since May on Thursday after the government’s latest heavy-handed effort to curb ...
    Business
  • Turkish lira weakens 2.1 pct after central bank governor dismissed

    Turkish lira weakens 2.1 pct after central bank governor dismissed

    The Turkish lira was 2.1 percent weaker against the dollar on Monday after President Tayyip Erdogan dismissed the central bank governor, laying bare ...
    Economy
  • Hard-hit Turkish assets hinge on election, Trump-Erdogan meeting

    Hard-hit Turkish assets hinge on election, Trump-Erdogan meeting

    Investors could snap up sold-off Turkish assets or dump them with force depending on the outcome of Sunday’s re-run election in Istanbul and, ...
    Economy
  • Turkish central bank raises reserve requirements on forex deposits

    Turkish central bank raises reserve requirements on forex deposits

    Turkey’s central bank has raised reserve requirement rates for foreign exchange deposits at commercial banks, extending efforts to discourage ...
    Economy
  • Erdogan says those who buy FX expecting lira to fall will pay ‘heavy price’

    Erdogan says those who buy FX expecting lira to fall will pay ‘heavy price’

    Turkish President Recep Tayyip Erdogan said on Sunday those in the finance sector who buy foreign currencies on the expectation that the lira will ...
    Economy
  • Turkey’s Erdogan calls on companies to lower price to help consumers

    Turkey’s Erdogan calls on companies to lower price to help consumers

    Turkish President Tayyip Erdogan on Monday called on companies to lower their prices and cut profits if necessary, to help consumers through a ...
    Economy
  • Poll suggests Turkey falling short of growth targets, recession in progress

    Poll suggests Turkey falling short of growth targets, recession in progress

    Turkey’s economy began contracting in the last quarter and won’t grow again until the third quarter of 2019, while growth will miss ...
    Economy
  • Turkish lira slips after meeting with Bolton on Syria

    Turkish lira slips after meeting with Bolton on Syria

    The Turkish lira traded more than 2 percent weaker against the dollar on Tuesday, reflecting investor concern over a possible souring of relations ...
    Economy
  • Turkish firms turn to bankruptcy protection as economy slows down

    Turkish firms turn to bankruptcy protection as economy slows down

    Turkey’s strained economy has left hundreds of companies on the verge of bankruptcy and forced to seek legal protection in the year 2018, Laura ...
    Financial Markets
  • Moody’s: Negative outlook for Turkish firms

    Moody’s: Negative outlook for Turkish firms

    Ratings agency Moody’s said the outlook for Turkish non-financial companies will remain negative for the next 12-18 months, Dünya newspaper ...
    Economy
  • Turkey’s lira firms nearly one percent, extending recovery

    Turkey’s lira firms nearly one percent, extending recovery

    Turkey’s lira firmed nearly 1 percent on Monday, extending its recent rally after investor worries over the central bank’s independence ...
    Financial Markets
  • Turkish central bank raises rates sharply, boosts lira

    Turkish central bank raises rates sharply, boosts lira

    Turkey's central bank raised its benchmark rate by a hefty 625 basis points on Thursday, the biggest such increase in President Tayyip Erdogan's ...
    Economy
  • Turkey hikes tax on forex deposits to prop up lira

    Turkey hikes tax on forex deposits to prop up lira

    Turkey on Friday raised tax on foreign currency deposits in a bid to prop up the tumbling lira, in a presidential decision published in the official ...
    Economy
  • Germany not considering financial aid for Turkey

    Germany not considering financial aid for Turkey

    Germany is not considering providing Turkey with a financial lifeline to help it overcome a crisis sparked by a fast falling lira, a government ...
    Economy
  • Five obstacles facing Erdogan regarding lira, one is to run amid the chaos

    Five obstacles facing Erdogan regarding lira, one is to run amid the chaos

    It was not only the US sanctions that added to the woes facing the Turkish lira, but definitely these sanctions deepened the confidence in a regional ...
    Economy
  • Turkey increases tariffs on some US imports amid escalating feud

    Turkey increases tariffs on some US imports amid escalating feud

    Turkey announced Wednesday it is increasing tariffs on imports of certain U.S. products, escalating a feud with the United States that has helped ...
    World News
  • World equities slip following Turkey currency woes

    World equities slip following Turkey currency woes

    Turkey’s worsening currency crisis sent world equities lower and emerging market currencies under selling pressure on Monday, while gains in ...
    Economy
  • Turkish lira hit by dollar strength, eyes on inflation data

    Turkish lira hit by dollar strength, eyes on inflation data

    The Turkish lira weakened on Monday in line with emerging market currency weakness against the dollar and with investor attention focused on ...
    Economy
  • The Turkish Lira: Story of its fall amid political, economic uncertainty

    The Turkish Lira: Story of its fall amid political, economic uncertainty

    At an emergency meeting last week the bank hiked its late liquidity window rate, the highest of the four interest rates it uses, by 3 percentage ...
    Economy
  • Turkey lira hits new historic lows after Fitch warning

    Turkey lira hits new historic lows after Fitch warning

    Turkey’s embattled currency, the lira, on Tuesday hit new historic lows against the US dollar after Fitch ratings agency expressed concerns over ...
    Economy
  • Turkey’s lira slides after Erdogan says wants greater economic control

    Turkey’s lira slides after Erdogan says wants greater economic control

    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 ...
    Economy
  • S&P cuts Turkey’s debt rating on deteriorating finances, inflation

    S&P cuts Turkey’s debt rating on deteriorating finances, inflation

    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 ...
    Economy
  • Erdogan urges Turks to convert foreign currency to Lira

    Erdogan urges Turks to convert foreign currency to Lira

    In November alone, the lira hemorrhaged more than 10 percent against the dollar
    Economy
  • Turkish lira hits another record low on political uncertainty

    Turkish lira hits another record low on political uncertainty

    Turkish lira hit a record low and stocks tumbled as much as 3 percent after coalition talks between AK Party and the main opposition failed
    Economy
  • Turkey’s lira on back foot on political risk worries

    Turkey’s lira on back foot on political risk worries

    Turkey’s lira remained on the back foot after heightened concern about political risk following a bombing that killed at least 30 people
    Financial Markets
  • Turkish treasury says June cash surplus $199 million

    Turkish treasury says June cash surplus $199 million

    the cash surplus was $222 million and the primary surplus, which excludes interest payments, was $8 billion
    Economy
  • Turkish lira weakens against dollar on Greece turmoil

    Turkish lira weakens against dollar on Greece turmoil

    The Turkish lira weakened around 1.4 percent underperforming its emerging market peers on investor
    Economy
  • Turkish central bank says to stay cautious until inflation improves

    Turkish central bank says to stay cautious until inflation improves

    Inflation topped 8 percent for the first time this year in May
    Banking & Finance
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