(Bloomberg) -- For months, the Turkish lira held the unfamiliar title of dullest currency in emerging markets. With pivotal elections looming, investors are bracing for a return to form. Whether ...
LONDON/ANKARA (Reuters) - As Turkey's lira hit a record low ahead of the country's election decider on Sunday, the currency is looking increasingly dysfunctional with investors concerned about what ...
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Turkish assets slide as political crackdown widens
ISTANBUL/LONDON (Reuters) -Turkey's international bonds and lira currency weakened on Monday, and the cost of insuring government debt against default rose, following weekend detentions of opposition ...
Turkey officially ended a deposit instrument introduced in December 2021 aimed at supporting the lira during a previous currency crisis. No new FX-protected lira deposit accounts will be opened and ...
ANKARA, Turkey—The Turkish lira tumbled to a record low after the country’s new cabinet signaled an attempt to stabilize the country’s troubled economy, including scaling back an expensive effort to ...
The Turkish lira sank to new lows against the U.S. dollar on Wednesday, as concerns mounted over challenges facing the country’s new finance minister, and after a report that state lenders have ...
The value of the Turkish lira as measured in dollars plunged Wednesday by more than 7 percent to a record low, signaling a potential shift in the government’s economic policy. Under President Recep ...
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