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Tag: Turkey currency news

Reuters: Turkish Lira continues to weaken, Nebati says rates to stay put
Categories Economy Emerging Markets General HIGHLIGHTS Markets

Reuters: Turkish Lira continues to weaken, Nebati says rates to stay put

Cem CetingucPosted on7 June, 20227 June, 2022

Turkey’s lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to … Continue ReadingReuters: Turkish Lira continues to weaken, Nebati says rates to stay put

Who can save the sickly Turkish Lira?
Categories Finance HIGHLIGHTS Markets

Who can save the sickly Turkish Lira?

Atilla YeşiladaPosted on3 June, 20223 June, 2022

On Friday, 3 June, the Turkish lira dropped to its lowest level since the December … Continue ReadingWho can save the sickly Turkish Lira?

Turkish Lira’s downfall: Currency plunges most since 2021
Categories Economy General HIGHLIGHTS Markets

Turkish Lira’s downfall: Currency plunges most since 2021

Cem CetingucPosted on25 May, 2022

The Turkish lira plunged the most since a rout late last year, as a steep … Continue ReadingTurkish Lira’s downfall: Currency plunges most since 2021

OPINION:  Erdogan manages to upset  the currency market, again
Categories Atilla Yeşilada Economy HIGHLIGHTS Markets

OPINION:  Erdogan manages to upset  the currency market, again

Atilla YeşiladaPosted on8 August, 2021

President Erdogan found time to “instruct those who know that this message is for them” … Continue ReadingOPINION:  Erdogan manages to upset  the currency market, again

Turkish Lira  leads EM currency slump
Categories Finance HYPED Markets

Turkish Lira  leads EM currency slump

Atilla YeşiladaPosted on19 May, 2021

Turkey’s lira led a decline in emerging market currencies ahead of the publication of the … Continue ReadingTurkish Lira  leads EM currency slump

Al Monitor:  Turkish lira nears record lows
Categories Finance HIGHLIGHTS Markets

Al Monitor:  Turkish lira nears record lows

Atilla YeşiladaPosted on13 May, 2021

Turkey’s lira fell to a six-month low on Thursday as risks of tighter U.S. monetary … Continue ReadingAl Monitor:  Turkish lira nears record lows

Turkey may avoid lira collapse by holding interest rates, IHS Markit says
Categories Finance Markets

Turkey may avoid lira collapse by holding interest rates, IHS Markit says

Atilla YeşiladaPosted on4 April, 2021

Turkey’s central bank, faced with fresh instability in the llra, may keep its benchmark interest … Continue ReadingTurkey may avoid lira collapse by holding interest rates, IHS Markit says

OPINION: TL will drop faster this week
Categories Atilla Yeşilada HIGHLIGHTS Markets

OPINION: TL will drop faster this week

Atilla YeşiladaPosted on27 March, 2021

Turkey’s sickly currency closed the week at 8.08 against the American dollar, thus officially surrendering … Continue ReadingOPINION: TL will drop faster this week

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