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Turkish Lira Slides After Trump Approves Arming Kurds - Bloomberg

The lira dropped more than 1 percent to 3.6221 per U.S. dollar as of 2:49 p.m. in New York. It traded as low as 3.6231, the weakest level since April 24. The latest developments could further weigh on the currency, possibly sending it toward the 50-day ... Leggi

IHH facing wrath of volatile Turkish lira - The Star Online

KUALA LUMPUR: IHH Healthcare Bhd, the second-largest public-listed hospital operator in the world is facing the wrath of the volatile Turkish lira. The Khazanah Nasional ... “Each time we open a new hospital we incur higher costs. But the start-up ...altro » Leggi

BNP Paribas to pay $350m over forex manipulation - Financial Times

... DFS on Wednesday, an unnamed trader, then located in BNP's New York branch, organised groups of rival traders to manipulate prices and spreads in several relatively illiquid currencies, including the South African rand, Hungarian forint and Turkish ... Leggi

Turkish lira spikes against dollar, hits 4-month high - Daily Sabah

The Turkish lira, U.S. dollar exchange rate dropped to TL 3.5305 Tuesday, marking the lowest level it has seen this year. According to recently released U.S. data, personal spending remained stable in March while personal income rose by 0.2 percent.altro » Leggi

Hiccups at Turkish ops not hurting IHH - The Star Online

IHH did not open any new hospitals last year. “This includes ... The Turkish lira has come under tremendous selling pressure of late and is the world's second-worst-performing currency last year due to political uncertainties, rising inflation and ... Leggi

Turkish stocks rise to new record - Anadolu Agency

The BIST 100 index advanced 0.91 percent with a total trading volume of 6.3 billion Turkish liras ($1.75 billion). The U.S. dollar/Turkish lira exchange rate slightly decreased to 3.5900 liras as of 5 p.m. (1400GMT) Wednesday, compared with 3.5940 ... Leggi

Turkey - Factors to Watch on May 29 - Times of India

ISTANBUL, May 29 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Monday. The lira stood at 3.5750 against the U.S. dollar at 0500 GMT, little changed from 3.5777 at Friday's close. The yield on the benchmark ...altro » Leggi

Central banks launch new FX code, aim at universal adoption - Reuters UK

The industry FX committees run by each of the central banks will also require a formal commitment from the dozens of major institutions who sit on their panels and a new joint Global FX Committee will monitor implementation of the code. "I would be ...altro » Leggi

Turkish conglomerate Sabancı prioritizes pulling up of low share ... - Hurriyet Daily News

Sabancı shares were at 10.98 Turkish Liras on the afternoon of May 23, with a 2.52 percent increase compared to the previous closing. “We have been examining new business models in each of our businesses,” said Göçmen, adding that the new era of the ... Leggi

Turkey's AKP manages to fend off economic crisis, but at what price? - Al-Monitor

The Turkish government has succeeded in fending off a full-blown economic crisis, but its measures have made the economy less resilient against future ...altro » Leggi