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Turkish lira hits record low, days after Erdogan's new government ... - Middle East Eye

The Turkish lira hit a record low overnight Wednesday, dispelling hope that the currency's instability would end after June's snap election. It hit a low of 4.9767 lira to the US dollar in overnight trading with Asia after President Recep Tayyip ... Leggi

Turkish lira hits record low against the dollar - Financial Times

Turkey's currency tumbled late on Wednesday below its May low, nearing 5 lira to the dollar, amid a sharp deterioration in investor sentiment. Late in the New York trading day on Wednesday, the lira dropped to the TL4.9743 mark, according to Bloomberg ... Leggi

Turkish lira recovers most of its losses triggered by cabinet ... - The Jerusalem Post

Turkish lira recovers most of its losses triggered by cabinet announcement. Erdogan's new cabinet excluded former deputy prime minister Mehmet Simsek who was considered the main market-friendly minister in the previous government. By REUTERS. Leggi

Turkish lira drops 1% after inflation hits 14-year high - Financial Times

The markets are anxious about the policies of Mr Erdogan, a vociferous opponent of high interest rates, who vowed before the election that he would use a powerful new presidential system to have a greater say in his country's economic management. Leggi

Yen Climbs on New Trade Tensions - Wall Street Journal

The yen rose against the dollar Monday, as investors sought the haven currency amid concerns of an intensifying trade conflict between the U.S. and China. The dollar was down 0.2% at ¥109.75. The WSJ Dollar Index, which measures the U.S. currency ... Leggi

Will Turkey implode? - The Sunday Guardian Live - The Sunday Guardian

Turkish lira has plunged in value by 20% this year, creating unwanted price rises for households and businesses alike. If you fly from London to Delhi in the ...altro » Leggi

Turkish lira sells off sells off after Erdogan appoints son-in-law as ... - MarketWatch

The lira USDTRY, -0.2892% plummeted more than 3% against the dollar in response. One dollar last bought 4.7167 lira, up from 4.5731 lira late Friday in New York. Earlier Monday, Turkey removed a clause setting the term for its central bank governor ... Leggi

5 Tips for a Luxury Trip to Istanbul for Less - New York Times

Travelers interested in visiting Istanbul are in luck: The United States dollar has been strong against the Turkish lira recently, and your money goes a long way. Karen Fedorko is the owner of Sea Song, a travel company in Istanbul that plans private ... Leggi

A race to finish a mega-airport reflects Turkey's endearing chaos ... - Financial Times

There are just over 100 days to go until the opening ceremony for Istanbul's new airport and, to put it delicately, there is still quite a lot to be done. Last week, the ...altro » Leggi

EMERGING MARKETS-Emerging markets feel dollar pinch, Turkey's ... - Reuters

LONDON, July 18 (Reuters) - A perky dollar hurt emerging market assets on Wednesday with stocks edging lower and many currencies weakening, but Turkey's lira rallied to a one-week high on expectations of another interest rate hike next week. The dollar ... Leggi