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Turkish rates under pressure from record low lira

For some of Turkish President Tay.....»»

Category: videoSource: reutersJan 10th, 2017

Turkey Faces Double-Digit Inflation Due To Crashing Lira, As Budget Deficit Hits Record

Turkey's biggest headache, its crashing currency which the central banks appears unable to contain due to an Erdogan order not to hike rates, could soon translate into another major problem. According to two senior econom.....»»

Category: blogSource: zerohedgeJan 16th, 2017

Turkish Central Bank Fails to Stop Currency"s Slide

The Turkish central bank failed to stop the lira’s free fall with its limited step to boost liquidity in financial markets, amid political pressure to keep interest rates low......»»

Category: topSource: wsjJan 10th, 2017

Turkish Central Bank Intervenes To Halt Record Plunge In Lira

It was another bad day for the Turkish lira, which after plunging 5.8% in the first da.....»»

Category: blogSource: zerohedgeJan 10th, 2017

Turkish Lira Plunges Over 2% To New Record Low, Yields Rise On Moody"s Warning

The collapse in the Turkish Lira, which has been relentles.....»»

Category: blogSource: zerohedgeJan 9th, 2017

Should Turkey Be Raising Interest Rates?

It’s only the second trading day in 2017, and Turkish assets are already having a bad year. The lira sank the most among the world’s major currencies to an all-time .....»»

Category: topSource: marketpulseJan 4th, 2017

Turkish lira at record low amid higher inflation

Sliding currency is fanning rising consumer prices as economy contracts.....»»

Category: marketSource: ftJan 3rd, 2017

Turkish Lira Hits Another Record Low

Turkish Lira Hits Another Record Low.....»»

Category: topSource: seekingalphaJan 3rd, 2017

Erdogan Demands Turks Exchange Their Dollars To Gold, Lira

Early this morning, in yet another session of panicked selling, the Turkish Lira crashed to new record lows to just shy of USDTRY 3.60, momentarily going bidless as the currency plunged nearly 400 pips in seconds, after Turkish President Recep Erdogan sai.....»»

Category: blogSource: zerohedgeDec 2nd, 2016

Turkish Central Bank Raises Rates by 50 basis points

Turkey’s central bank raised its benchmark interest rate by 50 basis points on Thursday, the first increase in nearly three years, as a surging U.S. dollar and domestic security worries batter the lira currency and stoke inflation fears. Defying Pre.....»»

Category: topSource: marketpulseNov 24th, 2016

Europe Votes To Suspend Turkey EU Accession Talks, Sending Lira Crashing To Record Low Despite Unexpected Rate Hike

It was another painful day for Turkish Lira longs. Earlier today, in response to the broader USD strength overnight, the Turkish currency dropped to new record lows, sliding to 3.4214 and losing 10% of its value since the central bank's last meeting in Oc.....»»

Category: blogSource: zerohedgeNov 24th, 2016

Europe Suspends Talks On Turkey Joining EU, Sending Lira Crashing To Record Low Despite Unexpected Rate Hike

It was another painful day for Turkish Lira longs. Earlier today, in response to the broader USD strength overnight, the Turkish currency dropped to new record lows, sliding to 3.4214 and losing 10% of its value since the central bank's last meeting in Oc.....»»

Category: blogSource: zerohedgeNov 24th, 2016

Turkey Raises Rates for First Time in Almost Three Years

The Turkish central bank raised interest rates for the first time in nearly three years by more than expected, after the local currency slumped to record lows against the dollar amid the country’s political upheaval......»»

Category: europeSource: wsjNov 24th, 2016

Turkish Lira Hits Record Lows

Turkish lira has plunged to record lows against the dollar on Monday, along with other emerging-market currencies as hopes for massive fiscal stimulus pushed the U.S. dollar to 12-month high......»»

Category: topSource: foxnewsNov 14th, 2016

Turkish lira hits record lows

Turkish lira has plunged to record lows against the dollar on Monday, along with other emerging-market currencies as hopes for massive fiscal stimulus pushed the U.S. dollar to 12-month high. On Monday, the dollar was trading at TRY3.2924, up 1.2%. The i.....»»

Category: topSource: marketwatchNov 14th, 2016

Turkish lira plunges to record low at 3.2888 per dollar

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchNov 14th, 2016

The Turkish lira plunges to a record low after Turkey arrests pro-Kurdish opposition leaders

The Turkish lira plunges to a record low after Turkey arrests pro-Kurdish opposition leaders.....»»

Category: topSource: businessinsiderNov 4th, 2016

The Turkish lira plunges to a record low after Turkey detained pro-Kurdish opposition leaders

The Turkish lira plunges to a record low after Turkey detained pro-Kurdish opposition leaders.....»»

Category: topSource: businessinsiderNov 4th, 2016

Turkish Stocks Plunge, Lira Crashes To New Record Low As Erdogan Jails Opposition Leaders

As the post-coup crackdowns continue in Turkey, the lira has just crashed to a fresh record low of 3.16/$ as WaPo reports Turkish authorities arrested 12 parliamentarians belonging to a pro-Kurdish party on Friday, including its two leaders. The UN has co.....»»

Category: blogSource: zerohedgeNov 4th, 2016

The Turkish lira tumbled to a fresh record low

The Turkish lira just touched a fresh record low against the US dollar, again. The currency touched 3.1140 against the greenback around 8:58 a.m. ET. It is now down by 0.5% at 3.1101 per dollar as of 9:03 a.m. ET, extending its decline from Monday. E.....»»

Category: topSource: businessinsiderOct 18th, 2016

Europe Markets: Dovish Draghi sparks rise in European stocks

European stock markets held steady in negative territory Thursday after the European Central Bank, as expected, left interest rates at a record low......»»

Category: topSource: marketwatch3 hr. 46 min. ago