Markets Turkish lira slides ahead of likely interest rate cut ISTANBUL: The Turkish lira Wednesday extended its historic slide on the eve of a meeting at which the central bank... Published 15 Dec, 2021 07:15pm
Markets Lira weakens ahead of US, Turkish cenbank meetings ISTANBUL: The lira weakened more than 1% against the dollar on Wednesday ahead of a key policy decision by the US... Published 15 Dec, 2021 01:11pm
Markets Turkish lira firms, eyes on central bank ISTANBUL: The Turkish lira firmed 1% on Tuesday, recouping its losses a day earlier triggered by persisting concerns... Published 07 Dec, 2021 02:25pm
World Erdogan says he hopes volatile Turkish lira will steady soon ISTANBUL: Turkish President Tayyip Erdogan said on Saturday he hoped that volatile foreign-exchange and inflation... Published 04 Dec, 2021 07:36pm
World Erdogan defends 'risky but correct' economic policy ANKARA: Turkish President Recep Tayyip Erdogan defended Wednesday his "risky but correct" economic policy of low... Updated 01 Dec, 2021 05:27pm
Business & Finance Lira crisis gives Turkish opposition chance to challenge Erdogan ISTANBUL: Turkey's currency crisis has cut into the popularity of President Recep Tayyip Erdogan, handing the... Published 01 Dec, 2021 01:18pm
Business & Finance Erdogan doubles down on low interest rates despite lira fall ANKARA: Turkey’s President Recep Tayyip Erdogan vowed “no compromise” on low interest rates in comments... Published 30 Nov, 2021 05:23am
World Erdogan doubles down on low interest rates despite lira fall ANKARA: Turkey's President Recep Tayyip Erdogan vowed "no compromise" on low interest rates in comments published by... Published 29 Nov, 2021 05:55pm
Business & Finance Turkish lira holds ground ISTANBUL: Turkey’s lira was flat on Thursday after a historic slide to record lows this week that was triggered by... Published 26 Nov, 2021 05:15am
Markets Turkish lira holds ground after week's volatile selloff ISTANBUL: Turkey's lira was flat on Thursday after a historic slide to record lows this week that was triggered by... Published 25 Nov, 2021 05:19pm
Markets Turkish lira rebounds after hitting record lows ISTANBUL: Turkey's lira continued its recovery on Thursday after a historic slide to record lows this week triggered... Published 25 Nov, 2021 09:47am
Markets Lira drops 3% near record low as Turkey stumbles into unknown ISTANBUL: Turkey's lira tumbled anew on Wednesday towards a record low, gripped by worries over soaring inflation ... Updated 24 Nov, 2021 01:25pm
Markets Turkish lira hits new depths ahead of another expected rate cut ANKARA: Turkey's lira weakened nearly 0.8% on Tuesday to a new record low of 10.14 against the US dollar, weighed... Published 16 Nov, 2021 01:06pm
Markets Turkish central bank says ratio tweaks to up required reserves some $4.6bn ISTANBUL: Turkey's central bank said on Tuesday its latest amendments to required reserves will raise... Published 09 Nov, 2021 09:33am
Opinion Turkey's state banks likely to follow central bank and slash rates Turkey's state banks are expected to cut borrowing costs on loans by around 200 basis points on Monday, according to... Published 25 Oct, 2021 05:33am
Markets Turkish lira hits record low as Erdogan sacks central bankers ANKARA: The Turkish lira sank to a record low against the dollar on Thursday after President Recep Tayyip Erdogan... Published 14 Oct, 2021 10:03pm
Markets Zloty leads regional FX gains, markets eye rate meeting BUCHAREST: Central European currencies edged up in the early session on Monday, with the Polish zloty reaching a ... Published 04 Oct, 2021 02:41pm
Markets Turkish lira trades near record lows after last week's rate cut The lira firmed to 8.8725 against the dollar at 0442 GMT from Friday's close of 8.8995 Published 27 Sep, 2021 10:20am
Markets Lira nears record low after rate cut sets Turkey on uncertain path The currency - prone to sharp swings and an emerging-markets laggard for several years now - weakened 1% to 8.855 versus the dollar Published 24 Sep, 2021 01:45pm
Markets Lira slides to near-record low on surprise rate cut; S.Africa cenbank eyed Turkey cuts interest rate to 18% from 19% Updated 23 Sep, 2021 06:38pm
Markets After a slide, Turkish lira steadies ahead of rate decision The lira stood at 8.665 against the dollar at 0603 GMT, little changed from Wednesday's close of 8.6625 Published 23 Sep, 2021 12:01pm
Business & Finance Turkish lira tumbles over central banker’s comments ANKARA: The Turkish lira took one of its biggest tumbles of the year on Wednesday over speculation that the central... Published 09 Sep, 2021 03:56am
Business & Finance Turkish central bank holds rate at 19pc after inflation jump ISTANBUL: Turkey's central bank held its key interest rate steady at 19% as expected on Thursday and repeated a... Published 13 Aug, 2021 04:44am
Markets Turkish lira slides on rate cut fears; EM stocks retreat Turkey's BIST index fell from seven-week highs to break a seven-session winning run over which it gained 4.7% Published 05 Aug, 2021 02:12pm
Markets Turkish lira plumbs new depths as investors lose faith The currency has tumbled 17pc since mid-March when President Tayyip Erdogan, long a critic of high interest rates, ousted a hawkish and well-respected central bank chief. Published 03 Jun, 2021 11:22pm
Markets Currencies index hits all-time high MSCI's index of EM stocks extended gains for a second straight session to climb to a 16 day high with tech stocks showing healthy gains. Published 26 May, 2021 02:13pm
Markets Turkish lira eases slightly, central bank seen holding policy rate The lira stood at 8.3350 against the dollar at 0620 GMT, slightly weaker than its close of 8.3150 on Wednesday. Published 06 May, 2021 11:50am
World Turkey fines Google for abusing dominant position ANKARA: Turkey’s Competition Board said on Wednesday it had fined Google more than 296 million lira ($36.65... Updated 15 Apr, 2021 10:09am
Markets Turkish lira hurt by high inflation; other currencies gain Turkish central bank uncertainty continues to weigh. EM FX index hits two-week high, stocks gain. EM inflows at near one-year low. Published 06 Apr, 2021 08:00pm
Business & Finance Turkish inflation climbs above 16pc after lira decline Month-on-month, consumer prices rose 1.08pc, the Turkish Statistical Institute said, compared to a Reuters poll forecast of 1.04pc. Published 05 Apr, 2021 12:27pm