ANKARA (Reuters) -Turkey's lira ended the session up over 20% on Monday after President Tayyip Erdogan introduced a series of steps that he said will ease the burden of the weakened currency on Turks, ...
(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 ...
A currency crisis here is battering Turks’ confidence in their government’s ability to manage the economy, causing droves of people to buy U.S. dollars and sending crowds of people into the streets to ...
Turkish stocks and the lira fell Tuesday in the wake of a deadly 7.8 earthquake on Monday. Turkey's President Erdogan declared a state of emergency in areas hard hit by the natural disaster. Sharp ...
In the wake of turmoil that engulfed the Turkish Lira (TLR) since last Friday and into early this week when it surpassed a rate of 7 against the U.S. dollar, the subsequent rebound in the currency to ...
President Recep Tayyip Erdogan likes to swagger and attempt to punch above his weight. While his rhetorical threats and theatrics keep many allies and enemies off balance, they do not fool the Turks.
Once again, Turkey is in the throes of a currency crisis. The lira has lost more than 40 percent of its value against the United States dollar this year, making it the worst-performing of all emerging ...
Turkish President Recep Tayyip Erdogan told the ruling party's Congress and general supporters on Saturday that he would challenge those playing "games" with the Turkish economy, following news that ...
The Turkish lira rocketed off record lows on Tuesday after President Recep Tayyip Erdogan announced new measures to safeguard local currency deposits against severe market volatility. In a speech late ...
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