Turkish lira weakens after US threatens more sanctions

Turkish president Erdogan has decided that the best way to respond t.....»»

Yesterday we reproted that Tuesday's Congressional vote to block sale of Lockheed Martin's advanced .....»»

The Lira and Turkish stocks are sliding notably after Treasury Secretary Steven Mnuchin warned that Washington is preparing more sanctions for Turkey due to the lack of progress on the release of Pastor Brunson. .....»»

On Friday, when the Turkish lira suddenly cracked, and.....»»

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.....»»

Update.....»»

Escalating rhetoric is about to turn into economic actions as Bloomberg reports Washington has prepared a list of Turkish entities and individuals that it will target should it decide to impose sanctions on Recep Tayyip Erdoganâ€.....»»

Lira Crashes Through 5.00 As US Sanctions Hit 2 Turkish Govt Officials.....»»

The Turkish lira slid to a record low Wednesday after the White House announced it would sanction the country over the detention of a U.S. pastor, dealing a fresh blow to what has been one of this year’s worst-performing currencies......»»

The lira’s fall intensified, with U.S. sanctions on Turkish officials adding to a long list of problems for the country’s embattled markets and economy......»»

It would appear that Turkish President Erdogan is not a fan of Kenny Rogers as he watches his nation's currency collapse into worthlessness, he refuses to "fold .....»»

Emerging Market currencies are down broadly but the biggest losers (for now) are the Turkish Lira (record lows) and Russ.....»»

Asian stock markets fell on Friday amid heightened global trade tensions, while currency markets were whipsawed by a searing selloff in Russia's rouble after the United States slapped new sanctions, and as economic worries sent the Turkish lira tumbling......»»

Thomson Reuters The Turkish lira has fallen more than 10% against the dollar after a Turkish delegation in Washington failed to prevent US sanctions......»»

Worries over a fragile Turkish economy and the risk of contagion in Europe unnerved investors on Friday and sent the lira to a record low against the US dollar......»»

The Turkish lira plummeted as much as 17% against the dollar on Friday, deepening worries about the country's economic stability......»»

The Turkish lira plummeted as much as 17% against the dollar on Friday, deepening worries about the country's economic stability......»»

Following emergency bank meetings and numerous pleas by Erdogan for Turks not to "pull FX out of their banks," blaming the country's current economic crisis on America, .....»»

In a day in which the dollar set new highs against all emerging market pairs and global risk was on the defensive, the Turkish Lira bucked the trend and extended its rapid rebound from record lows, after Turkish regulators imposed new "soft capital con.....»»

Turkey Faces More Sanctions, Currency Dives $USDTRY: -1.93% to 5.837 Lira slides from session high after US Treasury Secretary Steven Mnuchin said Turkish officials will face new sanctions if the coun.....»»