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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.....»»
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.....»»
Turkish Lira Crashes To Record Low After Erdogan Says "Rates To Go Down"
Confirming th.....»»
US jobs report; CBS under pressure; Turkish lira hits record low
Here's what you need to know about the markets before you start your business day......»»
Futures Rebound Despite Turkey Slaughter
Futures Rebound Despite Turkey Slaughter Global markets, bond yields slid and the Turkish lira plunged towards a record low against on Monday after President Tayyip.....»»
Currencies: Here’s another reason Turkey’s lira may keep tumbling
The Turkish lira fell to a record low against the U.S. dollar this week and reports say the government has tried to stop the slide by taking action against three foreign banks......»»
Turkey"s lira touches record low against dollars as doubts grow about central bank"s ability to stem coronavirus pain
The Turkish lira hit its lowest level against the U.S. dollar on record, as inve.....»»
Bizarro Markets: Turkey Cuts Real Rates To Negative And Turkish Lira Jumps
Bizarro Markets: Turkey Cuts Real Rates To Negative And Turkish Lira Jumps At 6am ET, the Turkish central bank cut the 1-week repo rate to 11.25% from 12%, in line with the consensus estimate. The 75bps cut was the smallest rate c.....»»
Turkish Lira Surges After Central Bank Cuts Rates More Than Expected
Turkish Lira Surges After Central Bank Cuts Rates More Than Expected While the Turkish lira's status as the world's favorite carry .....»»
Turkey Received $1 Billion Bailout From China As Reserves Ran Out
The last few months have seen the Turkish Lira rallying, rebounding off record lows, despite nothing positive coming from that country... and now we may have a better idea of how this lift was achieved (or how investors were fooled). .....»»
Turkey Lashes Out At US Pressure Over Russian Missile Deal, Lira Slides
After two weeks of torrid gains with the market now expecting a dip in the country's double-digit inflation, the Turkish lira is again.....»»
Currencies: Turkey’s lira under pressure as central bank stages fresh defense of currency
The Turkish lira on Tuesday was retreating against the U.S. dollar as the government told local banks to slow process currency purchases, a fresh attempt to tamp down speculative bets on lira, according to reports......»»
These Are The 5 Banks Most Exposed To Turkish Chaos
Despite Erdogan's ever more desperate attempts to keep the lira elevated ahead of this weekend's local elections, culminating with sending overnight TRY swap rates to an in.....»»
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.....»»
Dollar surges, Turkish lira plummets
The U.S. dollar rallied to a five-month high on Monday, and that contributed to driving the Turkish lira to a record low. Fred Katayama reports......»»
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......»»
U.S. dollar retreats from record high versus Turkish lira
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......»»
Emergency rate hike helps Turkish currency recoup losses
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......»»
Turkish central bank raises key rate and helps lift currency
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......»»