9.4 C
Frankfurt am Main
- Advertisement -spot_img

TAG

dollar

Turkey’s troubled lira rallies on ‘backdoor capital controls’

Turkey's beleaguered lira extended its biggest rally of the year on Monday in response to a new rule that effectively forces many banks to...

Erdoğan defends ‘risky but correct’ economic policy

Turkish President Recep Tayyip Erdoğan defended Wednesday his "risky but correct" economic policy of low interest rates as the central bank intervened in markets...

Neo-nationalist party suggests banning US dollar in Turkey to solve lira crisis

The neo-nationalist Homeland Party (VP) has suggested banning use of the dollar in Turkey to solve the country’s currency crisis, quickly becoming a controversial...

Erdoğan’s remarks defending CB’s policy rate send lira to historic low

The beleaguered Turkish lira weakened to a record low on Tuesday, losing 13 percent against the US dollar after President Recep Tayyip Erdoğan defended...

Turkey’s troubled lira accelerates record slide

The Turkish lira suffered one of its biggest falls of the year on Tuesday and hit new historic lows to cement its status as...

Turkish lira hits new depths near 10 to the dollar

The Turkish lira continued its dive into uncharted territory on Thursday, touching a new low of 9.975 to the dollar after a jump in...

Speculation over possible Albayrak return sends lira tumbling

Turkey's lira tumbled on Thursday after a rally triggered by a shakeup of the economy team in November as the government again defended the...

Turkey mounts new defense of lira as locals snap up dollars: report

Turkey’s central bank squeezed some credit channels and signaled on Friday it would do more backdoor policy tightening to arrest a record drop in...

Turks are dumping lira and hoarding dollars: report

Turkish households and companies that are faced with runaway inflation and near-zero real returns on local-currency deposits have converted $18 billion of their lira...

Google announces ‘dollar’ ranked first among words searched by Turks in 2018

Popular search engine Google announced its annual national and global search statistics in which Turkey’s most searched word has been “dollar,” the Habertürk newspaper...

Turkey attracts more than 35 million tourists in first 10 months of 2018

More than 35 million tourists visited Turkey in the first 10 months of 2018, a 22.4 percent increase over the previous year, the Culture...

Central bank: Turkish lira will be valued at 5.64 to the US dollar at yearend

Turkey’s central bank released an expectation poll for the month of November that it conducted on 70 finance experts, executives and professionals in which...

Latest news

- Advertisement -spot_img
Liked it? Take a second to support Turkish Minute on Patreon!
Become a patron at Patreon!