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

The Turkish Lira tumbled to session lows after President Recep Tayyip ErdoÄŸan said that Turkey will start a new military operation in Syria east of the Euphrates river in northern Syria.....»»

At the end of week which saw Turkish strongman Recep Tayyip Erdogan say his country should develop nuclear weapons, and further he'll flood Europe with Syrian refugees if the w.....»»

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

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

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

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.....»»

Having stabilized modestly after its mid-June rout, which sent the Turkish Lira to a record low of 4.74 - on the re-election of president Erdogan of all things - overnight the TRY tumbled as much as 1.4% to 4.6813 after Turkey reported that he.....»»

As Turkey completes its transition from a parliamentary model to an all-powerful presidency, the Lira has tumbled, erasing overnight gains, following reports that .....»»

While UK Prime Minister Theresa May is losing control, Turkish president Erdogan is solidifying his, with traders closely watching the cabinet Erdogan would appoint after he was officially sworn in as a "president with enh.....»»

Having exercised his newly-omnipotent capabilities to alter central bank decrees and appointing a puppet cabinet, Turkish President Erdogan is now urging the general public to borrow in the currency in which they are paid, but, as Bloomberg reports, that.....»»

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 .....»»

Update: It is becoming increasingly clear that, despite his claims of omnipotence, Turkey President Erdogan has officially lost control of his nation's currency. For a few very brief moments, the Lira bounced after the stopgap.....»»

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, .....»»

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......»»

Erdogan Threatens To Flood Europe With Millions Of Syrian Refugees If I.....»»

Erdogan Says Syria Military Operation Has Begun As Turkish F-16s Bomb Kurdish Positions u.....»»

When Turkish president Erdogan sacked the now former Turkish central bank head Ceitnkaya two weeks ago because the latter refuse.....»»

Turkish President Recep Tayyip Erdogan’s decision over the weekend to oust the country’s top central banker might make U.S. President Donald Trump jealous, but it runs the risk of sending Turkey into a full-blown currency crisis, analysts said Monday......»»

After rallying dramatically this morning (with some suggesting Erdogan's call with Trump may suggest he is pulling the S-400 deal), the Turkish Lira has given back some gains after a Bloomberg headline reports that Turkey is considering de.....»»

The Turkish Lira tumbled as much as 1% against the dollar, leading a decline across emerging markets... ... while Turkish stock market losses accelerated as the.....»»