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Turkish lira extends declines with heavy drop to new record - Financial Times

On a grim day for emerging-market currencies and assets, Turkey stands out for the wrong reasons. The lira is the worst performing currency on Monday by a distance, with the dollar shooting up more than 2 per cent to buy around 4.90 lira, yet another ... Leggi

Lira Plunges to New Record - Bloomberg

The weakness in the lira will eventually evoke a response from the central bank, according to Brown Brothers Harriman & Co. “This move is getting beyond stretched,” said Win Thin, a New York-based strategist at Brown Brothers. “I would not want to go ... Leggi

Turkish lira skids again despite emergency rate rise - Financial Times

The Turkish lira dropped sharply against the US dollar in New York action on Thursday amid the persistent tug of war between the central bank's need to tighten policy and President Recep Tayyip Erdogan's vehement objection to interest rates. In recent ... Leggi

Turkish Lira Weakens Against Dollar During Eid al-Fitr - Asharq Al-awsat English

The Turkish lira was quoted at 4.74 against the dollar early on Monday – it improved slightly at the end of trading on Tuesday reaching 4.71 against the dollar. The Turkish lira concluded on Thursday, before Eid al-Fitr, at 4.64 against the dollar, at ... Leggi

Turkey elections 2018: everything you need to know - The Guardian

Critics, however, say the race was brought forward because Turkey's currency and economy are suffering and the president wanted to preempt the downward trend. He may also be hoping to capitalise on nationalist sentiment after military victory in Syria ... Leggi

As dollar rises, Turkey's tourism income suffers - Al-Monitor

But the value of Turkey's currency again began sliding, and in 2009, $1 equaled 1.54 liras. Though the number of tourists rose to 32 million, overall tourism revenue declined to $25.1 billion, as the average tourist spent $783. In 2010, $1 equaled 1.5 ...altro » Leggi

Turkish “National” Crypto Coin Founders Steal Millions from Investors - Finance Magnates

Turkish citizens became the recent victim of a multi-million dollar cryptocurrency scam as Turcoin, which was presented as the country's “national” alternative digital currency, was founded to be a Ponzi scheme as its founders ran away with the raised ... Leggi

Turkey's lira slides again ahead of US rates decision - Financial Times

In mid-morning trade in London, the currency skidded as low as TL4.6962 to the buck from Tuesday's New York close of TL4.5943. Wednesday's dramatic fall brings the lira's year-to-date loss back to nearly 20 per cent after a short period of ... Leggi

CHP presidential candidate reveals his first 100-day plan - Ahval

İnce appeared to draw new lines of attack on Erdoğan in his Hatay rally, first bringing to mind some recent former Turkish political leaders, such as former president and prime minister Süleyman Demirel, and former prime minister Necmettin Erbakan and ...altro » Leggi

How Turkey's currency turmoil and the uncertainty of the upcoming ... - The Independent

There are two sets of troubles facing Turkey at present. The first arises from a change in international financial markets and the second from domestic politics. With domestic economic conditions also deteriorating steadily, the overlapping of these ...altro » Leggi