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Turkish lira and Istanbul bourse fall after US suspends visas - Financial Times

The Turkish lira and Borsa Istanbul fell on Monday as investors digested the news that the US had suspended the processing of most new visas in Turkey. The decision — at least temporarily — puts the Nato ally on a list of pariah states such as North ... Leggi

Turkish lira picks up after 'flash crash' - Financial Times

The 'bad' lira news that the US suspended processing new visas in Turkey was worsened by a low liquidity trading environment. The dollar briefly touched TRY3.85 overnight. As was the case with sterling back in 2016, the lira already started reversing ... Leggi

Turkish Lira Slides as WSJ Reporter Sentenced to Prison - Bloomberg

Ayla Albayrak, a Wall Street Journal reporter currently in New York, was convicted of engaging in “terrorist propaganda” in support of a banned Kurdish separatist organization through one of her articles, the media company reported. The conviction adds ...altro » Leggi

Turkish lira isn't done underperforming, analyst says - MarketWatch

The U.S. dollar started this week with a significant jump against the Turkish lira, after a diplomatic rift between the two allied nations culminated in the termination of nonimmigrant visa services on both sides on Sunday. And there could be more pain ... Leggi

Fresh harsh rhetoric directed at US by Erdogan sends Turkish lira ... - bne IntelliNews

Opening a new front in the row, in his Ankara address Erdogan, who 'palled up' with Donald Trump during his September visit to New York, suggested that it was officials left over from the Barack Obama administration that were trying to rattle the ... Leggi

GLOBAL MARKETS-Asia shares inch ahead, Turkish lira takes a dive - Reuters

GLOBAL MARKETS-Asia shares inch ahead, Turkish lira takes a dive. Reuters Staff. 4 Min Read ... Another early mover was the Turkish lira, where the dollar surged 4 percent at one point to the highest in seven months amid a diplomatic spat with ...altro » Leggi

Ties between Turkey and America are near breaking point - The Economist

Within hours, Turkey countered by saying it would no longer accept visa applications from American citizens. (About 450,000 Americans visited Turkey last year.) The Turkish lira plummeted as much as 6.6% against the dollar on the news, the biggest drop ...altro » Leggi

Asian shares edge up ahead of China services data as the Turkish ... -

Asian shares edge up ahead of China services data as the Turkish lira tumbles. The S&P/ASX 200 rose ... Meanwhile, the greenback, which originally edged up following the reported increase in wages last week, slid on news that North Korea was readying a ... Leggi

Turkish gov't announces ambitious growth, inflation and ... - Hurriyet Daily News

Turkey foresees economic growth of 5.5 percent this year and inflation of 9.5 percent, Şimşek said, adding that the program, which is updated annually, also foresees economic growth at 5.5 percent between 2018 and 2020. He said the government “aims for ...altro » Leggi

China shares hit 21-month top; Turkish lira takes a dive - Economic Times

SYDNEY: Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country's service sector did little to dent optimism on global growth, while political uncertainty caused turbulence for the Turkish and British currencies. Leggi