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turkish lira

FSA fighters also hit by loss of value in Turkish currency

The recent plunge of the Turkish lira has not only hit people living in Turkey but also Free Syrian Army (FSA) fighters in Syria...

Effects of Turkey’s currency crisis felt as far away as Tennessee: report

Turkey’s currency crisis has roiled emerging-markets investors far and wide, including the US state of Tennessee, where the state’s retirement system is the biggest...

Suspect in gunshot attack on US Embassy annoyed by Trump’s remarks on Turkey

Ahmet Çelikten, who is accused of opening fire on the US Embassy in Ankara on Monday, admitted in testimony that his motive was annoyance...

Qatar and Turkey central banks sign swap agreement: report

Qatar and Turkey’s central banks have signed a currency swap agreement to provide liquidity and support for financial stability, Qatar’s central bank said on...

ErdoÄŸan: Currency crisis the same as attack on call to prayer, Turkish flag

Turkish President Recep Tayyip ErdoÄŸan on Monday said "attacks against the Turkish economy are no different than attacking the adhan and the flag,"...

Central bank poll: Turkish lira will be valued at 5.97 to the US dollar at yearend

Turkey’s central bank has released its expectations poll for August 2018 in which it forecast the value of the lira against the US dollar...

ErdoÄŸan using Brunson crisis to cover up his economic failure: CHP

President Recep Tayyip ErdoÄŸan is deliberately using an ongoing row with the United States over the detention of pastor Andrew Brunson to cover up...

AKP asks Turkish municipalities to avoid foreign brands

A circular has been issued by Justice and Development Party (AKP) headquarters for municipalities asking them not to use foreign electronics brands, mainly those...

Finance Minister Albayrak seeks to reassure global investors amid currency crisis

-- No plans to go to IMF, focus on foreign direct investment -- Government to see certain expenditure cuts -- No non-market measures or capital controls --...

Turkish lira undershooting fair value, should be at 5 to 5.50 to dollar: global banking group

The Turkish lira is significantly below fair value at the moment and should strengthen over the next one to two years as Turkey’s economy...

Turks ask God to depress value of US dollar

As a diplomatic crisis between Turkey and the US over an American pastor hits the Turkish economy, a group of Turks in the southern...

Turkey doubles tariffs on some US imports as lira rallies

Turkey doubled tariffs on some US imports including alcohol, cars and tobacco on Wednesday in retaliation for US actions, but the lira rallied further...

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