US dollar extends gains against Turkish Lira after Fed decision - Hurriyet Daily News
New economic projections released after the Fed's two-day policy meeting showed 11 of 16 officials see the “appropriate” level for the federal funds rate, the central bank's benchmark interest rate, to be in a range between 1.25 percent and 1.50 ...altro »
Turkey threatens sanctions over Kurdish independence vote - Reuters
Turkish President Recep Tayyip Erdogan signs a guest book just before a meeting with United Nations Secretary-General Antonio Guterres on the sidelines of the 72nd United Nations General Assembly at U.N. Headquarters in Manhattan, New York, U.S., ...altro »
Turkish lira in historic performance after 7-month consecutive rise ... - Daily Sabah
After rising against the dollar in February 2017, the Turkish lira has been spiking against the greenback seven months in a row for the first time since it became convertible in 1989. The currency increased by 8.49 percent during the February-August ...
EMERGING MARKETS-Turkish lira hit by inflation jump, lags ... - Reuters
LONDON, Sept 5 (Reuters) - Turkey's lira fell on Tuesday as data showed inflation back in double figures, underperforming broader emerging markets that benefited from dollar weakness and absence of more rhetoric from North Korea. MSCI's emerging equity ...altro »
Banks Hire Lazard to Solve Turkey's Biggest Default - Bloomberg
The creditors have until early October to consider an offer from Saudi Telecom to inject $750 million into Otas and restructure the remaining $4 billion of debt into two new loans. The Turkish Treasury, which has a 25 percent stake in the operator ...altro »
Despite Turkish Strife, Fashion Brands Stay True to Istanbul - New York Times
Still, tourist numbers are down, the Turkish lira has slumped and local consumer confidence has declined, putting considerable pressure on Istanbul's blossoming creative scene and its many small fashion brands. Although Turkey's textile, leather and ...altro »
UPDATE 1-Turkey threatens sanctions over Kurdish independence ... - Business Insider
The military buildup hit the Turkish lira, which weakened on Tuesday beyond 3.500 to the dollar, before recovering on Wednesday to around 3.465. But it has so far had little impact on lines of trucks queuing to cross into territory controlled by the ...altro »
Turkey's shopping mall boom going bust - Al-Monitor
In Istanbul, for instance, the rent per square meter is often above $40 ($3.70 per square foot), which, given the trend in the Turkish lira's depreciation, has sparked a flurry of closures. The fırst bout of closures came in 2013, when 23 shopping ...
Mahindra & Mahindra to acquire Turkish tractor, foundry firms for Rs ... - The New Indian Express
NEW DELHI: Mahindra & Mahindra (M&M) today said it has signed pacts with Turkey-based Erkunt group to acquire its tractor manufacturing and foundry businesses from for about Rs 735 crore. M&M said it will acquire Erkunt Traktor Sanayii for Rs 478 crore ...altro »
Turkey, the new address for Brazilian butts, thick hair and shiny teeth - Al-Monitor
Abi Clarke, Chloe Khan, Chanelle McCleary, Lateysha Grace and Jemma Lucy are some of the popular names that have gone under the knife in Turkey in the past several months alone, paying sums of no more than 45,000 Turkish lira (roughly $13,100).