Showing posts with label lira. Show all posts
Showing posts with label lira. Show all posts

Monday, March 22, 2021

Turkish lira plummets after Erdogan fires central bank chief | THE DAILY STAR

Turkish lira plummets after Erdogan fires central bank chief

The Turkish currency plummeted against the U.S. dollar Monday after President Recep Tayyip Erdogan fired the central bank governor over the weekend for hiking interest rates.

Sunday, November 8, 2020

Turkish finance minister Berat Albayrak resigns: Instagram post | Al Jazeera

Turkish Finance Minister Berat Albayrak has said he was stepping down citing health reasons, according to a statement on his verified Instagram account.

Wednesday, October 28, 2020

Turkey’s lira on track for its worst month this year | Al Jazeera

The Turkish lira extended losses to a fifth day, set for its worst month this year, as traders speculated official efforts to shore up the currency aren’t sufficient.

Monday, October 12, 2020

Turkey removes another pandemic measure as lira hovers near all time low | THE DAILY STAR

Turkey's central bank, faced with a record-low currency and widening current account deficit, further left behind ultra-loose measures adopted during the coronavirus pandemic when it raised Monday the remuneration rate on required lira reserves.

Wednesday, October 7, 2020

Turkish lira sinks to new record low amid possible US sanctions | Al Arabiya English

Turkey's lira touched a fresh record low against the dollar on Wednesday, hit by investor unease over possible US sanctions, fraught ties with the European Union and the ongoing Caucasus conflict.

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