Commerzbank’s Tatha Ghose flags a sharp March deterioration in Turkey’s balance of payments, with a near-doubling of the ...
The Turkish lira (TRY) fell to a record low against the dollar following the surprise arrest of President Recep Tayyip Erdogan's rival and Istanbul mayor Ekrem Imamoglu. The currency slumped a record ...
HSBC TRY rate is around 1.2% worse than the best available provider today. Compared to the average TRY rate across all providers, HSBC is about 1.1% better. HSBC is roughly 4.8% better than the worst ...
By Akin Nazli in Belgrade Turkish banks’ would overcome severe effects of a prolonged Iran conflict without needing to ask ...
On Friday morning, the Turkish lira plunged by over 20% against the U.S. dollar, into record low territory, extending the currency’s spiraling decline of the past several years. The fall of the lira ...
The escalating row over Turkey’s detention of American pastor Andrew Brunson appeared to be the last straw, sending the lira into freefall in August. Brunson was arrested in October 2016 and accused ...
Investing.com - Barclays expects Turkish authorities to maintain the current pace of lira depreciation as an inflation-stabilization tool, the bank said in a research note. The firm set a year-end ...