What Is Going On With The Lira?
Banks react to the Turkish Lira plunge. Q2 hedge fund letters, conference, scoops etc CLSA opines The key driver of Turkey’s problems of late are political not economic. Turkey, under the recently re-elected President Rec.....»»
Turkey says it will ban the use of cryptocurrencies as a form of payment
Cryptocurrencies have surged in popularity in Turkey as the lira has weakened and inflation has risen, but the central bank is now stopping this. Turkey's Central Bank Governor Kavcioglu in Ankara REUTERS The Tu.....»»
Impact of Turkish Lira on Global Risk Assets, BTC & Other Crypto
Chad Steinglass, Head of Trading for CrossTower shares, “Overnigh.....»»
Metals Stocks: Gold prices finish lower as tech stocks rise, Turkish lira collapses
Gold futures finish lower on Monday after concluding last week's trade at their highest settlement in about three weeks......»»
Gold ends lower on the back of a drop in the Turkish lira, strength in U.S. stock market
Gold fut.....»»
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.....»»
Europe Markets: Lira and Turkish stocks collapse after Erdogan fires central bank chief, as other emerging market currencies struggle
Turkey's currency and stocks collapsed after the abrupt termination of its central bank head, a move that led investors to take a cautious stance toward risky assets on Monday......»»
US tech stock futures rise as bond yields cool after Fed comments, while the Turkish lira plunges
Soothing words from the Fed helped calm the bond market, while Turkey's currency tumbled after the President sac.....»»
Turkish lira crashes as much as 14% after the firing of the head of the central bank sparks market turmoil
The lira is tumbling, as well as domestic stocks and bonds, after the Turkish premier installed the third governor in two years. .....»»
Lira Crashes, Turkey CDS Soar As Erdogan Launches Another Epic Crisis
Lira Crashes, Turkey CDS Soar As Erdogan Launches Another Epic Crisis .....»»
Lira Soars After Turkey Shocks Markets With Whopping 200bps Rate Hike
Lira Soars After Turkey Shocks Markets With Whopp.....»»
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......»»
The Wall Street Journal: Turkey blocks 3 foreign banks from trading the lira as it attempts to halt currency’s slide
Turkey blocks three international banks from trading its currency Thursday, an effort to stymie investors who are betting that the country’s weak financial standing will continue to deteriorate......»»
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.....»»
New lira curbs to boost Turkish FX reserves but at longer-term price
Turkey's latest squeeze of its $37 billion-a-day London lira market may succeed in boosting scarce hard currency reserves but analysts say it will not stem the lira's decline and that the country's reliance on foreign capital means it could backfire......»»
Binance Lets Turkish Customers Directly Deposit Fiat With Bank Integration
Binance has launched a direct channel integration with Istanbul-based Akbank, allowing users to deposit Turkish lira to their exchange accounts......»»
Cold Turkey: investor exodus tests Erdogan"s economic experiment
A run on the lira proved a pivotal moment for Turkey's financial markets in 2018, prompting action from Ankara that has tilted the economy inward and frightened off foreign investors......»»
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.....»»
Turkey unveils first fully homemade car in $3.7 billion bet on electric
Turkey unveiled its first fully domestically-produced car on Friday, saying it aimed to eventually produce up to 175,000 a year of the electric vehicle in a project expected to cost 22 billion lira ($3.7 billion) over 13 years......»»
Erdogan: Turkey To Finish Testing Digital Lira In 2020
Erdogan: Turkey To Finish Testing Digital Lira In 2020 Authored by Helen Partz via CoinTelegraph.com, Turkey's President Recep Tayyip Erdogan directed that the government should finish testing the national central bank.....»»
Crypto Crashes, Black-Gold Bid, & Lira Lifted As Yields, Stocks Shrug
Crypto Crashes, Black-Gold Bid.....»»