Advertisements


Turkish Lira Tumbles As Erdogan Threatens Moody"s With An "Operation"

While S&P faced being 'black-called' after daring to downgrade US sovereign rating in 2011, Moody's decision to (rightfully) downgrade Turkey to 'junk' (and warn on its banking system) has prompted a direct threat from.....»»

Category: blogSource: zerohedgeJun 14th, 2018

Turkish Lira Tumbles As Erdogan Blasts Interest Rates Are "Mother Of All Evils"

Having bounced off record lows earlier in the week, the Turkish Lira is re-tumbling following President Erdogan's comments that interest rates are "the mother and father of all evil" and that T.....»»

Category: blogSource: zerohedgeMay 11th, 2018

Turkish Lira Tumbles To Record Low After Erdogan Promise To "Rescue Investors From High Rates"

The Turkish Lira accelerated its recent demise today - breaking below two critical thresh.....»»

Category: blogSource: zerohedgeApr 9th, 2018

Turkish Stocks, Lira Tumble After Erdogan Comments Prompt Capital Control Concerns

Well, that was not supposed to happen... Turkish stocks are down most in a month and the Lira is tumbling from its dead cat bounce after Turkey’.....»»

Category: blogSource: zerohedgeJun 1st, 2018

Turkish Currency Slide Poses a Political Challenge to Erdogan

A month ahead of elections in which President Recep Tayyip Erdogan is seeking a new mandate, the fast-weakening lira has left some voters questioning whether the long-dominant Turkish leader knows the way to economic prosperity......»»

Category: topSource: wsjMay 30th, 2018

The Turkish lira is in "complete freefall" amid concerns of Erdogan"s influence on its central bank

Thomson Reuters The Turkish lira fell to record lows against the greenback overnight Tuesday. President Recep Tayyip Erdogan, who is running for reelection, is a self-proclaimed "enemy" of interest rates. Follow the lira i.....»»

Category: topSource: businessinsiderMay 23rd, 2018

Turkish currency hits record low amid Erdogan concerns

Turkey's currency, the lira, has fallen to an all-time record low against the dollar amid fears of economic instability as the country heads toward snap presidential and parliamentary elections next month......»»

Category: topSource: foxnewsMay 23rd, 2018

Erdogan"s market fight sees Turkish lira tumble

Turkey's lira extended its relentless tumble, sliding more than 2 percent against the dollar on concerns about President Tayyip Erdogan's influence over monetary policy and the central bank's inability to rein in double-digit inflation......»»

Category: videoSource: reutersMay 22nd, 2018

Market Extra: Turkish lira hits historic low as Erdogan eyes control of country’s central bank

Turkey’s currency hit a fresh historic low versus the U.S. dollar on Tuesday, after President Recep Tayyip Erdogan said he wanted to take more responsibility for monetary policy. And we probably haven’t seen the worst of it yet, analysts predict......»»

Category: topSource: marketwatchMay 15th, 2018

Turkish Lira Crumbles After Erdogan Says He Will "Take Responsibiliy For Monetary Policy"

In the latest distress signal from one of the most troubled corners of the emerging markets, this morning the Turkish Lira plunged to fresh all time lows against the dollar after Turkish President Recep Tayyip Erdogan sa.....»»

Category: blogSource: zerohedgeMay 15th, 2018

Turkish Lira Jumps After Erdogan Summons Economic Officials To His Palace

With Turkish ca.....»»

Category: blogSource: zerohedgeMay 9th, 2018

EM FX Plunges: Argentine Peso Re-Crashes, Turkish Lira Tumbles To Record Low

Just hours after Fed Chair Jay Powell implied that 'emerging markets are on their own', EM FX is re-collapsing... with Argentina (despite a 1275bp rate hike) and Turkey both crashing to new record lows... "There is good reason to think that the norm.....»»

Category: blogSource: zerohedgeMay 8th, 2018

Market Extra: Here’s why Turkey’s snap election won’t solve all the lira’s problems

The Turkish lira saw a bounce after President Recep Tayyip Erdogan called surprise snap elections, but analysts doubt the poll will turn the tide for the currency......»»

Category: topSource: marketwatchApr 26th, 2018

Turkish Stocks, Lira Surge After Erdogan Announces Early Elections

For the first time in party history, Turkish President Recep Tayyip Erdogan called for early elections on June 24, moving them forward by more than a y.....»»

Category: blogSource: zerohedgeApr 18th, 2018

Turkey"s Erdogan says tumbling lira not a concern

Turkish.....»»

Category: videoSource: reutersApr 12th, 2018

Turkish Election Tests Erdogan"s Power

Turkish Pres.....»»

Category: topSource: wsj2 hr. 53 min. ago

The Turkish lira is climbing ahead of Sunday"s snap elections

Thomson Reuters The Turkish lira was up more than 1% on Friday. .....»»

Category: topSource: businessinsiderJun 22nd, 2018

Turkey"s Erdogan Strains to Turn Strongman Rule Into Dominance at Polls

With economic woes weighing on Turkish voters ahead of Sunday’s elections, the prospect of President Recep Tayyip Erdogan entering a new five-year term with a rubber-stamp parliament isn’t guaranteed......»»

Category: topSource: wsjJun 22nd, 2018

Turkey"s Erdogan Strains to Turn Strongman Rule into Dominance at Polls

With economic woes weighing on Turkish voters ahead of Sunday’s elections, the prospect of President Recep Tayyip Erdogan entering a new five-year term with a rubber-stamp parliament isn’t guaranteed......»»

Category: topSource: wsjJun 22nd, 2018

Turkey"s currency crash puts economy at heart of election

Recep Tayyip Erdogan is asking Turkish voters for another term as president. They may say no because of a feeble currency and runaway price hikes......»»

Category: topSource: cnnJun 21st, 2018

Erdogan Scares Off the Few Friends the Lira Had

Erdogan Scares Off the Few Friends the Lira Had.....»»

Category: topSource: washpostJun 20th, 2018