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The Turkish lira (TRY) fell to a record low against the dollar following the surprise arrest of President Recep Tayyip Erdogan's rival and Istanbul mayor Ekrem Imamoglu. The currency slumped a ...
Lira fell 2.6% after earlier falling 12.7% to a record low Stocks down near 9% in largest daily drop in four years Analysts worry about effect on monetary policy ISTANBUL, March 19 (Reuters ...
Turkey’s central bank raised one of its key interest rates in a surprise meeting on Thursday, the latest move by authorities to reverse a decline in the lira. The monetary authority hiked the ...
The lira weakened 0.7% against the dollar on Monday after last week’s 3.1% drop, while other assets fared better. Istanbul-listed stocks gained as much as 3.8% and the price of protection ...
The Turkish lira weakened sharply to a record low against the U.S. dollar and the Istanbul stock market dived after the main opposition challenger to President Recep Tayyip Erdoğan was arrested.
ISTANBUL - Turkey's lira fell more than 2% and touched a new all-time low of 37.5 to the dollar on Wednesday after authorities detained President Tayyip Erdogan's main political rival on charges ...
The Turkish lira tumbled to a record low against the U.S. dollar, while Turkey's benchmark index dropped up to 7% following the arrest of Istanbul Mayor Ekrem Imamoglu, a leading opposition figure ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Turkey’s central bank burnt through almost $12bn defending the lira in a record intervention after ...
ANKARA, March 19 (Reuters) - Turkey's central bank sold a record amount of foreign currency on Wednesday after the lira dropped more than 12% following the detention of Istanbul's mayor ...
The lira weakened 0.7% against the dollar on Monday after last week’s 3.1% drop, while other assets fared better. Istanbul-listed stocks gained as much as 3.8% and the price of protection against ...
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