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Turkey is trying desperately to halt a collapse in its currency that could trigger an economic crisis just as the country prepares to vote in an election......»»

AP Photo/Kayhan Ozer Presidential Press Service, vi.....»»

Turkey’s lira weakened against developed-market rivals Wednesday, after the U.S. Federal Reserve raised interest rates and worries about Turkey’s political future ahead of the June 24 snap election took hold of financial markets......»»

Rising interest rates will put increasing pressure on government finances and push interest payments to record levels in the coming decades, the Congressional Budget Office said Tuesday......»»

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.....»»

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.....»»

FX traders were stunned - and TRY longs painfully crushed and stopped out - after the Turkish central bank unexpectedly kept the one-week repo rate unchanged at 17.75% (the overnight lending and borrowing rates were .....»»

Thomson.....»»

The Turkish lira dropped against the U.S. dollar on Tuesday, after the Central Bank of the Republic of Turkey kept its interest rates unchanged. The CBRT's benchmark one-week repo rate currently stands at 17.75%. Tuesday's monetary .....»»

Turkey’s central bank kept its rates unchanged, defying market expectations and sending the currency down 3.5% on concerns over the bank’s independence as President Erdogan tightens his grip on the economy......»»

The Turkish lira fell sharply after the country’s central bank defied expectations by keeping interest rates on hold, stoking concerns about President Recep Tayyip Erdogan’s influence over monetary policy......»»

Lira Plunges, Turkish Yields Hit Record High After Court Rejects Appeal To Release US Pastor.....»»

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€.....»»

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......»»

REUTERS/Murad Sezer The Turkish lira tumbled to a record low against the dollar on Monday, after the Trump administration said it was reviewing Turkey's duty-free access to the U.S. market.....»»

The Turkish Lira tumbled from the 6th straight day, collapsing to new record lo.....»»

The Turkish lira on Monday hit new record lows against the dollar and euro as strains caused by a diplomatic spat with the United States compounded concerns over dome.....»»

The Turkish lira has reached a record low against the dollar, after the Trump administration said it was reviewing Turkey's duty-free access to the U.S. market, a move that could affect some $1.66 billion of Turkish imports. Francis Maguire reports......»»

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

The Turkish lira touched a fresh record low against the dollar on Thursday, weakening some 2.5 percent from Wednesday's close after a Turkish delegation met U.S. officials to try and resolve disputes between the two NATO allies. Francis Maguire reports.....»»