As Turkey’s growing economic crisis shook investor confidence in lenders exposed to the country, foreign investments in …
Tag:
Lira
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Financial Institutions
IMF, BIS tell Turkey to ensure central bank independence
by Yomna Yasserby Yomna YasserGlobal finance chiefs urged Turkey’s President Recep Tayyip Erdogan to preserve the independence of his country’s central …
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The dollar edged higher versus a basket of currencies on Wednesday, with investors awaiting the minutes of …
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Dollar prices stayed near its 2018 peak on Monday after U.S. jobs and wages data did little …
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Banks
Erdogan is unlikely to win his battle latest campaign against markets in Turkey
by aya salahby aya salahRecep Tayyip Erdogan is taking on financial markets again, and if history is a guide, he’s going …
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forex news
Turkish lira falls to record as rising Fed bets add to risks
by Yomna Yasserby Yomna YasserTurkey’s lira weakened to an all-time low as deteriorating economic data added to concerns about the nation’s …
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forex news
Turkish lira hits record low of 3.0769 as S&P cuts outlook
by Yomna Yasserby Yomna YasserTurkey’s lira currency reached a record low against the U.S. dollar on Wednesday after ratings agency S&P …
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forex news
Lira falls most in 8 years as stock futures sink on Turkey coup attempt
by Yomna Yasserby Yomna YasserTurkey’s lira sank the most in eight years, an exchange-traded fund tied to the country’s shares declined …
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Banks
Turkish Central Bank Head says to stay put after Lira hits Record Low
by Yomna Yasserby Yomna YasserTurkish Central Bank Governor Erdem Basci sought to calm jittery investors on Friday, appearing to dismiss rumours …
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Turkish shares outpaced emerging markets peers on Friday after Merrill Lynch upgraded Turkish stocks to overweight from …