Turkey's lira weakens for fifth day on monetary policy worries ISTANBUL: The Turkish lira weakened for a fifth consecutive day on Friday, further eroding the big gains it made a... Published 31 Dec, 2021 01:41pm
Business & Finance Lira on four-day skid ISTANBUL: The Turkish lira fell as much as 6% on Thursday, extending a four-day slide after last week’s big gains,... Published 31 Dec, 2021 06:50am
Markets Turkish central bank's net FX reserves plunge to lowest since 2002 ISTANBUL: The Turkish central bank's net international reserves plunged to their lowest level since 2002 at $8.63... Published 30 Dec, 2021 05:38pm
Markets Lira on four-day skid as Ankara struggles with confidence game ISTANBUL: Turkey's lira fell 5% on Thursday, extending a four-day slide and eating into big gains last week, as the... Updated 30 Dec, 2021 12:39pm
Markets Turkey's lira dips 2%; central bank says it will monitor forex risks ISTANBUL: The Turkish lira weakened as much as 2.6% on Wednesday, eating further into the huge gains made the... Updated 29 Dec, 2021 02:11pm
Business & Finance Turkish lira erodes last week’s gains ANKARA: Turkey’s lira weakened by as much as 2% on Tuesday, extending sharp losses seen a day earlier and eroding... Published 29 Dec, 2021 06:57am
Business & Finance Turkish lira slides almost 8pc ISTANBUL: The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over Turkey’s... Published 28 Dec, 2021 03:54am
Markets Turkish lira slides almost 8% after intervention-driven surge ISTANBUL: The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over Turkey's... Updated 27 Dec, 2021 02:29pm
Business & Finance Turkish lira caps historic week with big lift ANKARA: Turkey’s lira was on track for its strongest week on record on Friday, having spiked more than 50% with ... Published 25 Dec, 2021 05:02am
Markets Forex held by Turkish locals jumped by $6bn last week ISTANBUL: Foreign currency and gold held by Turkish locals jumped to a three-month high of $237.79 billion as of ... Published 23 Dec, 2021 05:35pm
Markets Lira extends rally in wake of Turkey's rescue plan ISTANBUL: Turkey's lira strengthened almost 10% on Thursday, adding to big gains this week after the government said... Updated 23 Dec, 2021 05:58pm
Markets Turkish lira blows through 15 to dollar ahead of rate decision ISTANBUL: The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another... Published 16 Dec, 2021 01:11pm
Markets Turkish lira slides ahead of likely interest rate cut ISTANBUL: The Turkish lira Wednesday extended its historic slide on the eve of a meeting at which the central bank... Published 15 Dec, 2021 07:15pm
Markets Turkish lira plummets to new low, central bank intervenes ISTANBUL: The Turkish lira crashed as much as 7% to a new record near 15 to the dollar on Monday, gripped by worries... Updated 13 Dec, 2021 04:15pm
Markets Turkish lira slide triggers fresh central bank intervention ISTANBUL: The Turkish Central Bank said it intervened in the foreign exchange market on Friday to sell dollars as ... Published 10 Dec, 2021 05:19pm
Markets Turkey's lira nears record low to dollar ISTANBUL: The Turkish lira weakened as much as 0.8% against the dollar on Friday as persisting investor worries ... Published 10 Dec, 2021 12:38pm
Markets Turkish central bank's net FX reserves fall to $22.47bn ISTANBUL: The Turkish central bank's net international reserves fell to $22.47 billion as of December 3, from $24.67... Published 09 Dec, 2021 05:29pm
World Qatar and Turkey extend currency swap deal DOHA: Qatar and Turkey have announced they agreed to extend a currency swap deal between their central banks, as... Published 09 Dec, 2021 04:29am
Markets Turkey's lira weakens 2%, Erdogan endorses low rates anew ISTANBUL: The Turkish lira dipped 2% on Wednesday, slipping back towards record lows, as President Tayyip Erdogan... Published 08 Dec, 2021 06:44pm
Business & Finance Qatar and Turkey extend currency swap deal DOHA: Qatar and Turkey have announced they agreed to extend a currency swap deal between their central banks, as... Published 08 Dec, 2021 03:56pm
Markets Turkish central bank again stops lira from sliding to record ANKARA: Turkey's lira edged near to its record low on Friday, triggering direct central bank intervention selling... Updated 03 Dec, 2021 04:05pm
Markets Turkish lira tumbles 4% in thin trade towards record lows ISTANBUL: The Turkish lira slid more than 4% against the dollar in thin and volatile trading on Monday, nearing the... Published 29 Nov, 2021 11:23am
Business & Finance Erdogan orders probe into Turkish lira’s slump ISTANBUL: Turkish President Tayyip Erdogan has ordered an investigation into possible currency manipulation after ... Published 28 Nov, 2021 05:38am
Business & Finance Turkish lira holds ground ISTANBUL: Turkey’s lira was flat on Thursday after a historic slide to record lows this week that was triggered by... Published 26 Nov, 2021 05:15am
Business & Finance Turkish lira rebounds from record low despite policy worries ISTANBUL: Turkey’s lira recovered as much as 7% on Wednesday from a historic slide to record lows a day earlier... Published 25 Nov, 2021 03:53am
Markets Turkey lira crashes as Erdogan warns of 'economic war' ISTANBUL: The Turkish lira plunged to record lows Tuesday after President Recep Tayyip Erdogan stuck to his support... Updated 23 Nov, 2021 07:55pm
Business & Finance Turkish lira hits new depths near 10 to the dollar ISTANBUL: The Turkish lira continued its dive into uncharted territory on Thursday, touching a new low of 9.975 to... Published 12 Nov, 2021 04:46am
Markets Turkish lira hits record low on global inflation fears ISTANBUL: The Turkish lira weakened to a fresh record low against the dollar on Thursday after higher-than-expected... Published 11 Nov, 2021 11:41am
Markets Turkish lira edges near record lows as policy concerns linger ANKARA: The Turkish lira weakened 0.5% on Friday as investor concerns persisted over the combination of lower rates... Published 05 Nov, 2021 01:40pm
Markets Turkish lira trades flat after hitting all-time low ISTANBUL: The Turkish lira traded flat early on Tuesday, having recovered losses after hitting its all-time low a ... Published 26 Oct, 2021 10:55am