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 ...
In an attempt to stop the fall of the lira, the Turkish central bank was forced to inject as much as 10 billion dollars.
(Bloomberg) -- The Turkish lira headed for its steepest weekly drop in nearly two years and stocks slumped as an emergency interest-rate increase failed to halt the currency’s retreat amid ...
Explore what to expect with the Turkish lira as Turkey moves towards autocracy with the arrest of opposition leaders?
Turkey's lira tumbled to a record low of 42 per dollar before recouping most of the day's losses on Wednesday, while bonds ...
Imamoglu, the popular 53-year-old mayor was seen as the next opposition party candidate for the Turkish presidency.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Foreign investors remain cautious over Turkish assets after last week’s plunge in the value of the lira ...
Turkey’s lira fell as much as 12.7 per cent to an all-time low of 42 to the dollar on Wednesday, with bonds and stocks also tumbling, after authorities detained President Tayyip Erdogan’s main ...
Turkey's central bank sold a record amount of foreign currency on Wednesday after the lira dropped more than 12% following ...
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 ...