Turkish Lira

Turkey's lira falls again, but Albayrak sees no risk to economy

Wed, 29 Aug 2018 - 09:07 GMT

The Turkish lira weakened as far as 6.4 to the dollar in early trade on Wednesday, its weakest since Aug. 15. By 0728 GMT, it was at 6.3700.

Lira falls as Turkey says U.S. waging 'economic war'

Thu, 23 Aug 2018 - 09:45 GMT

The lira dipped 1.1 percent to 6.1000 against the dollar from a close of 6.0330.

Euro falls with investors cautious about U.S.-China trade talks

Mon, 20 Aug 2018 - 09:11 GMT

The euro fell 0.2 percent to $1.1421 EUR= but was still above 2018 lows of $1.3010 hit last week.

Turkish lira firms before finance minister's presentation

Thu, 16 Aug 2018 - 10:30 GMT

The currency gained some support from the announcement late on Wednesday of a Qatari pledge to invest $15 billion (11.8 billion pounds) in Turkey.

Dollar vaults to year-high as Turkey crisis troubles euro

Wed, 15 Aug 2018 - 12:00 GMT

Signs the U.S. economy remains robust ahead of an expected interest rate hike by the Federal Reserve next month have helped the dollar outperform other currencies recently.

Turkish lira pulls back from record low after central bank frees up liquidity

Mon, 13 Aug 2018 - 08:42 GMT

Finance Minister Albayrak said in an interview published late on Sunday that Turkey has drafted a economic action plan and will start implementing it to ease investor concerns.

Turkish lira's free-fall rocks equity markets, euro falls

Fri, 10 Aug 2018 - 07:44 GMT

A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear of more turmoil sent investors scurrying for safety in assets like the yen and U.S. government bonds.

Turkish lira crashes to record low on worries over economy, U.S. row

Fri, 10 Aug 2018 - 12:07 GMT

Turkey's lira plunged as much as 14 percent on Friday as worries about President Tayyip Erdogan's influence over monetary policy and worsening U.S. relations

Turkish lira weakens sharply

Thu, 24 May 2018 - 09:31 GMT

Turkey's lira weakened more than 2 percent on Thursday, giving up some of the hefty gains it made after the central bank raised interest rates

Turkish lira hits record low, down 20 percent against dollar this year

Wed, 23 May 2018 - 08:52 GMT

The lira also fell sharply against the Japanese yen, amid talk of Japanese retail investors selling the lira as stop-loss levels were hit.