Turkish lira slips again; Nebati says rates to stay put
Turkey’s lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to more than 20 per cent this year, due to concerns...
lira
Traders see a method to Turkish lira’s recent slide
A six-day slide in Turkey’s lira has left traders predicting that authorities are now targeting a new level, as weak as 15.5 to the dollar,...
Erdogan says interest rates will be lowered and inflation will fall too
President Tayyip Erdogan repeated his unorthodox economic policy on Saturday, saying interest rates would be lowered further and inflation would fall as a result, days...
Turkey keeps lira in check with low-key interventions
Turkey’s central bank has scaled back its currency interventions in January but still spent as much as $1 billion last week to keep the lira...
Turkish lira whiplashes after Erdogan moves to protect savings
Turkey’s lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against...
Turkey’s lira again nears record low as inflation views surge
The Turkish lira edged to near record lows on Friday as concerns about President Tayyip Erdogan’s low interest rate policy were fueled by a central...
Crisis deepens in north as calls made to change to stable currency
As the economic crisis deepens in the north due to the freefall of the Turkish lira calls have increased over the need to introduce a...
Lira crash: north pays price of ‘going with Turkey’
As the Turkish lira continues its freefall, Turkish Cypriots react with a combination of helplessness and resourcefulness At a trendy cafe-bar across the Green...
Lira falls as Turkey says US waging ‘economic war’ (Update)
The lira weakened further on Thursday, pressured by a damaging standoff between Turkey and the United States over the fate of a detained Christian pastor...
Erdogan tells Turks to buy crumbling lira as Trump turns the screws (Update 2)
President Tayyip Erdogan told Turks on Friday to sell their gold and dollars to support the crumbling lira, with the currency in free fall as...
