Smart money runs first Updated 27 Mar, 2025 05:50am Even by the turbulent standards of emerging markets, the past week was a master class in how quickly capital can...
Australian dollar dragged by soft jobs data, kiwi fails to get GDP boost Published 20 Mar, 2025 10:09am SYDNEY: The Australian dollar fell on Thursday after a soft jobs report narrowed the odds of a rate cut in May,...
Dollar wobbles as Fed soothes market nerves with rate cut projection Published 20 Mar, 2025 10:08am SINGAPORE: The dollar was softer on Thursday after the Federal Reserve indicated interest rate cuts were likely...
Turkiye detains Erdogan’s main rival in what opposition calls ‘coup’ Published 19 Mar, 2025 03:09pm ISTANBUL: Turkiye authorities detained President Tayyip Erdogan’s main political rival on Wednesday on charges...
Turkiye lira plunges to record low after Erdogan rival detained Published 19 Mar, 2025 03:04pm ISTANBUL: Turkiye lira fell 12.7% and touched a new all-time low of 42 to the dollar on Wednesday, with bonds and...
Turkiye lira hits fresh record low against dollar Updated 12 Jul, 2024 10:46pm ISTANBUL: Turkiye lira touched a new all-time low of 33.0450 to the US dollar on Friday, despite a period of...
Turkiye inflation up near 70%, highest since 2022 Published 03 May, 2024 01:33pm ISTANBUL: Turkiye annual consumer price inflation climbed to 69.8% in April, official data showed on Friday, a bit...
Turkiye hikes rates to 45%, says done tightening policy Published 25 Jan, 2024 05:54pm ISTANBUL: Turkiye’s central bank completed its aggressive tightening cycle with a 250 basis-point interest rate hike...
Turkiye 2023 budget deficit 1.37 trillion lira Published 15 Jan, 2024 03:15pm ISTANBUL: The Turkiye budget showed a deficit of 1.375 trillion lira ($45.7 billion) in 2023, with the primary...
Turkiye central bank ready to take action if needed Published 15 Jan, 2024 10:14am ANKARA: Turkiye central bank Governor Hafize Gaye Erkan said at an investor meeting late last week that the bank is...
Turkiye lira hits 30 vs dollar milestone after years-long slide Published 11 Jan, 2024 02:08pm ISTANBUL: The Turkiye lira hit a new record low beyond 30 to the dollar on Thursday after losing more than a third...
Turkiye lira hits record low 29 versus dollar Published 11 Dec, 2023 01:09pm ISTANBUL: Turkiye lira touched a new all-time low of 29 to the dollar on Monday and it is down 35% so far this year...
Turkiye lira weakens to new record low vs dollar Published 26 Sep, 2023 02:04pm ANKARA: The Turkiye lira weakened to a record low beyond 27.236 against the US dollar on Tuesday, due to...
Turkiye expected to hike interest rate to 20-year high Published 21 Sep, 2023 11:20am ISTANBUL: Turkiye’s central bank was expected Thursday to dramatically raise its key interest rate for the second...
Turkiye lira dips 1.3% to near record low after central bank moves Published 26 Jun, 2023 01:14pm ISTANBUL: The Turkish lira weakened early on Monday, nearing last week’s record low after the central bank took...
Most Asian FX weaken on dollar strength, eyes on Fed moves Published 05 Jun, 2023 11:27am Most Asian currencies weakened against a strong dollar on Monday, even though indications of an easing US labour...
Turkish lira slides past 21 per dollar after appointment of finance minister Published 05 Jun, 2023 09:08am SINGAPORE: Turkiye lira slid almost 1% on Monday to weaken past 21 per dollar, in a shaky initial reaction to the...
Lira slides, dollar bonds tumble as presidential runoff looms Published 15 May, 2023 12:30pm LONDON: Turkiye lira held near a two-month low, its sovereign dollar bonds tumbled and the cost of insuring exposure...