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Turkey tries to calm market turmoil after top banker sacked

Turkish officials on Monday tried to calm the turmoil triggered by President Recep Tayyip Erdoğan's abrupt decision to sack his reformist central bank chief,...

Erdoğan says interest rate cut not enough, promises more

Turkish President Recep Tayyip Erdoğan has said an interest rate cut of 425 basis points by the country’s central bank on Thursday is not enough and...

Markets still rattled as Turkish lira pulls back from record low

Turkey’s lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity and...

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