(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 ...
The lira plummeted to yet another all-time low against the US dollar and the Euro. Despite overall stability in global gold prices, gold prices also reached record highs. Following the second round of ...
ANKARA, Nov 11 (Reuters) - Turkey's central bank has put the finishing touches to a reserve-management system that has stabilised the lira currency ahead of elections in 2023, thanks to nearly 100 new ...
Erdogan's biggest contender lies in joint opposition candidate Kemal Kilicdaroglu, who pledged to reinstate orthodox economic policies and cool Turkey's sky-high inflation rate. The lira is currently ...
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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 ...
ISTANBUL, Aug 17 (Reuters) - When selecting a sign for the euro 16 years ago, European commissioners took a Greek epsilon and crossed it with two horizontal lines to signify stability. The Turks, who ...
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 ...
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