Yesterday’s post flagged that Turkey’s “core” trade deficit in goods excluding gold and energy imports has widened back to ...
The Turkish lira continued its freefall this year and is hovering at its record low, a trend that may continue after the recent macro data from the country. The USD/TRY exchange rate rose to 43.85, up ...
Turkey's currency dropped again Monday as the country wrestled with a crisis that has rattled markets around the world. Turkey's currency dropped again Monday as the country wrestled with a crisis ...
(Bloomberg) -- Turkey’s lira reversed earlier losses and surged against the dollar on Monday as President Recep Tayyip Erdogan indicated he’ll give his economic team more time to produce results ...
Foreign investors will steer clear of Turkish lira bonds until inflation reverses course and decelerates, according to Europe’s biggest asset manager, a distant prospect that suggests inflows likely ...
Turkey's consumer price index rose 3.92% month-on-month, official data showed Wednesday. The reading was lower than Reuters' forecast of 4.84% and compares against a 0.04% increase in May. President ...
Rewrites lead and paragraph 2 with fall to record low, details of weekend regulatory change, analyst comment paragraphs 5-11 ISTANBUL, June 26 (Reuters) - The Turkish lira slid 1.8% to a fresh record ...
The beleaguered lira has fallen some 37% against the U.S. benchmark over the past year, as monetary policymakers try to combat double-digit inflation by steadily raising interest rates. Inflation in ...
(CNN MONEY) — Turkey's currency dropped again Monday as the country wrestled with a crisis that has rattled markets around the world. The Turkish lira fell as much as 11% against the dollar after ...
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