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turkish lira

Turkey watchers puzzled on policy after central bank chief’s Q&A: report

Turkish Central Bank Governor Murat Çetinkaya set the Turkish lira wobbling with comments at a press briefing on Tuesday that a new round of monetary tightening may...

İstanbul election challenges, strained US relations lead Turkish lira to hit 6-month low

The Turkish lira hit its weakest intraday level against the dollar since mid-October on Wednesday as investors weighed up risks generated by challenges to İstanbul election...

Turkish lira plunges to 6-month low as possibility of new election in İstanbul lingers

The value of the Turkish lira plunged on Thursday to 5.85, the lowest in six months against the US dollar, as Turkey’s ruling party requested a...

Reuters poll: Turkish lira will plunge to 6.25 against US dollar in a year

A Reuters poll on Friday forecast that the Turkish lira would continue falling, plunging to 6.25 to the US dollar in a year “amid rising tensions...

Turkish lira’s swap rates see highest since 2001 economic crisis

The Turkish lira’s overnight swap rate in London soared on Tuesday to 330 percent, and the weekly swap rate rose to 125 percent, according to Refinitiv...

Turkey’s banking watchdog launches investigation into JP Morgan after lira stumbles

Turkey’s banking watchdog said it had launched an investigation into JP Morgan and other banks over complaints it received after the lira plunged more than 4...

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...

World Bank economist expects no recession in Turkey

The World Bank does not expect a recession in Turkey, said Franziska Ohnsorge, manager of the bank’s Development Economic Prospects Group, the state-run Anadolu...

Turkey’s lira slides, hit by global sell-off and central bank worries

Turkey’s lira slid 2 percent more against the dollar on Thursday, swept up in a global market sell-off and investor worries that lower-than-expected inflation...

Tax cuts, discounts force Turkey’s inflation down in November

Turkey’s consumer price index fell 1.44 percent month-on-month in November, official data showed on Monday, bringing the annual inflation rate down from a 15-year...

Dutch bank sees no sharp sell-off in Turkish lira in near future

Dutch Bank ABN Amro has said there will be no sharp sell-off in the Turkish lira in the near future, according to the bank’s...

Turkish exports in October reach highest monthly figure in country’s history: minister

Turkey's exports in October were the highest in a single month in the country's history, the Turkish trade minister said on Thursday, the state-owned...

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