Euro rises with focus on ECB tightening path, Swiss Franc rises The euro rose on Thursday as investors priced in the chance of an aggressive near-term tightening path by the... Published 19 May, 2022 03:28pm
Markets Safe-haven dollar eases after Wednesday’s jump, but risk sentiment remains fragile TOKYO: Safe-haven currencies, including the dollar, eased on Thursday, pausing for breath after big gains the... Published 19 May, 2022 10:29am
Markets Turkish lira slides for 10th day with little standing in the way ANKARA: The Turkish lira weakened on Wednesday for a 10th straight session towards December’s record lows, hit by... Published 18 May, 2022 12:23pm
Business & Finance Turkish lira trims some losses after falling 2pc ISTANBUL: The Turkish lira weakened 2% on Tuesday before trimming losses, extending its decline into a ninth... Published 18 May, 2022 05:54am
Markets Turkish lira weakens for 8th day to near 15.6 against dollar ISTANBUL: The Turkish lira slid to near 15.6 against the dollar on Monday, slipping for the eighth consecutive... Updated 16 May, 2022 03:28pm
Business & Finance Turkey’s C/A seen recording deficit of $5.37bn in March ISTANBUL: Turkey’s current account is expected to record a deficit of $5.37 billion in March and end the year with a... Published 16 May, 2022 11:26am
Business & Finance Turkish lira extends slide; CDS back at 2008 levels ISTANBUL: The lira dipped for the seventh straight session on Friday and a key CDS measure of risk for Turkish ... Published 14 May, 2022 04:05am
Markets Turkish lira extends slide; CDS back at 2008 levels ISTANBUL: The lira dipped for the seventh straight session on Friday and a key CDS measure of risk for Turkish ... Updated 13 May, 2022 03:06pm
Markets Euro bounces off lows but heads for big weekly loss LONDON: The euro edged off five-year lows to rise back above $1.04 on Friday, but it is headed for a big weekly loss... Published 13 May, 2022 01:42pm
Business & Finance Turkish lira weakens against dollar for fifth day ISTANBUL: The Turkish lira eased a further 0.85% against the dollar on Wednesday, weakening for a fifth session and... Published 12 May, 2022 05:40am
Markets Turkish lira weakens against dollar for fifth day ISTANBUL: The Turkish lira eased a further 0.5% against the dollar on Wednesday, weakening for the fifth consecutive... Published 11 May, 2022 12:25pm
Markets Turkish lira down for 4th day in test for central bank ANKARA: Turkey’s lira slid against the dollar for a fourth straight session on Tuesday, posing a test for the... Updated 10 May, 2022 02:59pm
Business & Finance Turkish lira hits weakest level since mid-December ISTANBUL: The Turkish lira slipped 0.8% on Monday and broke beyond 15 to the dollar for the first time since ... Published 10 May, 2022 05:10am
Markets Turkish lira hits weakest level since mid-December ISTANBUL: The Turkish lira slipped 0.3% on Monday to equal its weakest level since December last year, when a... Published 09 May, 2022 03:50pm
Markets Turkish central bank’s net FX reserves drop to $17.16bn ISTANBUL: The Turkish central bank’s net international reserves dropped by nearly $2 billion to $17.16 billion in... Published 29 Apr, 2022 09:04pm
Markets Turks’ foreign currency holdings fall to $215.98bn ISTANBUL: Turkish locals’ foreign exchange and gold holdings dropped $1.53 billion when adjusted for the parity... Published 07 Apr, 2022 05:04pm
Business & Finance Turkish lira rebounds ISTANBUL: The lira rebounded from an earlier slump to rally 1.5% on Friday, benefiting along with other emerging... Published 12 Mar, 2022 04:08am
Markets Turkish lira dips, CDS costs soar on Ukraine concerns ISTANBUL: Turkey's lira slid 1.3% and the cost of insuring against debt default jumped on Monday as worries over the... Published 07 Mar, 2022 06:15pm
Markets Turkish lira dips 1.6% against dollar amid Ukraine concerns ISTANBUL: The Turkish lira weakened 1.6% against the dollar in early trade on Monday as investors assessed the ... Published 28 Feb, 2022 09:32am
Business & Finance Turkish lira dips again after rebound from Ukraine-related slide ANKARA: The Turkish lira fell again on Friday morning after recovering from a slide of as much as 5% a day earlier,... Published 28 Feb, 2022 07:35am
Markets Turkish lira pares losses after declining more than 5% as Russia invades Ukraine ANKARA: The Turkish lira plummeted more than 5% on Thursday as investors sought safe havens after Russian forces... Published 24 Feb, 2022 07:16pm
Markets Turkish lira slides to mid-January low on Ukraine tensions ANKARA: The Turkish lira slipped to 13.7605 against the US dollar on Tuesday, its weakest since Jan. 12, after ... Published 22 Feb, 2022 12:33pm
Markets Turkish central bank's net FX reserves rise to $10.53bn ISTANBUL: The Turkish central bank's net international reserves rose by more than $1.2 billion last week to $10.53... Published 03 Feb, 2022 05:59pm
Business & Finance Turkish lira firms ISTANBUL: The lira was firmer on Monday after Turkey’s finance minister was cited as saying inflation may rise to... Published 25 Jan, 2022 05:03am
Markets Turkish lira dips, minister sees more forex converted to lira ISTANBUL: The lira was slightly weaker on Monday after Turkey's finance minister was cited as saying he expected ... Published 24 Jan, 2022 11:44am
Markets Turkish central bank to hold EGM, advance profit payment on agenda ISTANBUL: The Turkish Central Bank will hold an extraordinary general meeting (EGM) on Feb. 3, where issues on the... Published 18 Jan, 2022 12:30pm
Markets Turkish central bank's net FX reserves drop again to lowest since 2002 ISTANBUL: The Turkish central bank's net international reserves dropped to their lowest level since 2002 at $8.11... Published 06 Jan, 2022 05:53pm
Business & Finance Turkish lira slips ISTANBUL: The lira slid as much as 4% against the dollar on Tuesday as Turkey girded for inflation to rise further... Published 05 Jan, 2022 05:36am
Markets Turkish lira slips as inflation seen soaring higher ISTANBUL: The lira slid as much as 4% against the dollar on Tuesday as Turkey girded for inflation to rise further... Published 04 Jan, 2022 06:55pm
Print Erdogan calls on Turks to keep all savings in lira ISTANBUL: President Tayyip Erdogan said on Friday that Turks should keep all their savings in lira and that recent... Updated 01 Jan, 2022 09:30am