| 单词 | Turkish lira |
| 例句 | Without another choice, I reluctantly dug into my bag, and withdrew five U.S. dollars, crumpled among my Turkish liras. The crime of being Armenian: Sick, dehydrated, I was following my grandfather’s path through Syria as he fled the Turks. How must he have suffered? 2016-01-17T05:00:00Z At the start of the year £1 bought you five Turkish lira, now it’s close to seven. Back from the brink: new breath for tourism in Istanbul 2018-12-02T05:00:00Z The television channel was fined 17,000 Turkish liras for the clip. Turkey fines TV channel for Pink's video with dancing of... 2018-09-13T04:00:00Z An earlier version of this article cited incorrectly the exchange rate between Turkish lira and the U.S. dollar. The Other Side of Istanbul 2018-09-18T04:00:00Z You will not be disappointed if you suspect that, when Nahil and Ismail are in a small room with a pile of Turkish liras and a fireplace, the money will find the flames. Winter Sleep: Can a Three-Hour-Plus Prize-Winner Be Just Pretty Good? 2014-05-24T04:00:00Z An average meal for two, without drinks or tip, costs around 200 Turkish lira, or $134 at 1.5 lira to the dollar. The Europe Issue?: Destination Dining in Department Stores 2011-04-15T18:55:00Z The South African rand is set to gain less than 1% while the Turkish lira is set to fall around 16% in a year. Emerging market currencies to claw back ground in 2024 as dollar fades: Reuters poll 2023-11-08T05:00:00Z The depreciation of the Argentinian peso and the Turkish lira also had a negative impact on the quarter that mostly offset Renault raising its vehicle prices and reining in consumer discounts. Slowdown in Renault's sales volumes hits shares 2023-10-19T04:00:00Z The Turkish lira — which has lost some 30% of its value against the U.S. dollar since the start of the year — dropped slightly against the greenback Thursday. Turkey’s central bank hikes interest rates again in further shift in economic policies 2023-09-21T04:00:00Z Hatzigeorgiou says he often finds bags and backpacks with Turkish liras or packets of medicine in Turkish discarded around the village by people on the move. On a charred migrant trail, Greek firefighters find 18 bodies 2023-08-25T04:00:00Z Elsewhere, the Turkish lira stood at 27.2200 against the dollar ahead of Turkey's central bank rate decision for August, due at 1100 GMT. Dollar edges up ahead of Jackson Hole, Turkey rates in focus 2023-08-24T04:00:00Z He later clarified that they were paid in Turkish lira, something that was later confirmed by the BBC’s press office. Representative of striking BBC Cairo staff accuses broadcaster of ‘gross discrimination’ 2023-07-18T04:00:00Z The Turkish lira weakened more than 2% to a fresh record low against the dollar on Tuesday over market concerns that the central bank might raise interest rates this week by less than previously expected. South Korea challenges arbitration ruling that found for Elliott in Samsung merger case 2023-07-18T04:00:00Z Experts also say the central bank has depleted its foreign currency reserves as it tried to prop up the Turkish lira ahead of elections last month. Turkey’s central bank sharply raises interest rates. That could signal an economic turnaround 2023-06-22T04:00:00Z The Turkish lira slid to another all-time low early on Monday ahead of Turkey's April current account data. Morning Bid: Markets drift ahead of central bank extravaganza 2023-06-12T04:00:00Z The Turkish lira has now weakened by around 20% against the dollar since the start of the year. Why Turkey’s currency is crashing after Recep Tayyip Erdogan got reelected 2023-06-09T04:00:00Z The Turkish lira plunged by more than 7 percent against the U.S. dollar after Mehmet Simsek, above, a newly appointed finance minister who has called for “rational” economic policy, took charge. Your Thursday Briefing 2023-06-08T04:00:00Z The Turkish lira plunged 7 percent against the U.S. dollar as a newly appointed finance minister promising “rational” economic policy took charge. Your Thursday Briefing: A Dangerous Haze Across North America 2023-06-07T04:00:00Z The value of the Turkish lira as measured in dollars plunged Wednesday by more than 7 percent to a record low, signaling a potential shift in the government’s economic policy. Turkey’s Lira Falls to New Low as a New Economic Policy Forms 2023-06-07T04:00:00Z But his strategy is also fueling inflation, now running at an annual rate of 44 percent, and eroding the value of the Turkish lira. For Turkey, Erdogan Victory Brings More Risky Economic Policy 2023-06-02T04:00:00Z The Turkish lira tumbled to record lows against the dollar this week, first falling 7% on Wednesday and then 1.6% on Friday. Why Turkey’s currency is crashing after Recep Tayyip Erdogan got reelected 2023-06-09T04:00:00Z The Turkish lira plunged against the dollar Monday, though stocks rallied. With new mandate secured, Turkey’s Erdogan likely to continue engaging with both West and Russia 2023-05-28T04:00:00Z The Turkish lira has hit record lows against the dollar and the central bank has struggled to meet surging demand for foreign currency. Erdogan hails election victory but Turkey left divided 2023-05-28T04:00:00Z Because the previous exchange rate was a result of government manipulation, Mr. Tastan said, “probably we will see the Turkish lira’s value go down further.” Turkey’s Lira Falls to New Low as a New Economic Policy Forms 2023-06-07T04:00:00Z The Turkish lira has hit record lows, demand for foreign currency has surged and the central bank's net foreign currency reserves are in negative territory for the first time since 2002. Turkish presidency run-off decides if Erdogan should have five more years 2023-05-27T04:00:00Z At the same time, the government has heavily intervened to slow the decline of the Turkish lira, mostly by selling foreign exchange reserves. For the Winner in Turkey, One Prize Is an Economy at the Edge of Crisis 2023-05-23T04:00:00Z The Turkish lira sank to a two-month low after weekend elections looked headed for a runoff, while the Thai baht rallied almost 1% after Thailand's opposition routed military-allied parties also in weekend polls. Dollar hits 5-week high on inflation worries; lira drops, baht soars 2023-05-15T04:00:00Z In emerging markets, the Turkish lira touched a fresh two month low of 19.70 to the dollar as the country appeared headed for a runoff presidential election. Asian shares braced for China data, Fed speakers 2023-05-15T04:00:00Z Instead, the value of the Turkish lira nosedived, and the rate cuts exacerbated a cost of living crisis. Domestic issues give Turkey’s Erdogan a tough election race 2023-05-11T04:00:00Z Inflation that was in triple digits a decade earlier cooled, boosting the Turkish lira's appeal. Analysis: In Turkey, an election reckoning for the rise and fall of Erdogan's economy 2023-05-08T04:00:00Z Turkey's residents have also increasingly favoured buying gold to shield themselves from rampant inflation and a steep decline in the value of the Turkish lira in recent years. Turkey earthquake survivors search rubble for their gold savings 2023-03-07T05:00:00Z Mexico's peso, closely linked to the prospects of the U.S. dollar, and the Turkish lira, are the only two emerging market currencies covered by the poll expected to weaken. China's reopening set to help EMFX get back on track: Reuters poll 2023-03-03T05:00:00Z Last year's strong rouble and weak Turkish lira played into Russian consumers' hands. Top brands pull out of Russia, but their goods remain easy to find 2023-02-22T05:00:00Z The Turkish lira lost nearly 30 percent of its value against the dollar in the past year as inflation soared, severely damaging Turks’ purchasing power and hurting Mr. Erdogan’s popularity. Turkey’s Reeling Economy Is an Added Challenge for Erdogan 2023-02-19T05:00:00Z The fines brought in billions of Turkish lira in taxes and fees. Turkey earthquake failures leave Erdogan looking vulnerable 2023-02-10T05:00:00Z The value of the Turkish lira dropped before recovering slightly, and Turkey’s stock markets tumbled. Powerful Quake Strikes Turkey and Syria, Killing More Than 3,800 2023-02-06T05:00:00Z Like an Old West poster, it offered a reward: up to 500,000 Turkish lira — approximately $27,000 — for information that would lead to my capture. Opinion | How Turkey pursues dissident exiles like me all over the world 2023-01-23T05:00:00Z "This year we have seen a 17-fold increase in turnover in Turkish lira, partly due to demand for the Turkish currency from tourists," said Kirill Pestov, managing director of the exchange's business development department. Moscow Exchange says 2022 trading volumes surpassed $14.4 trillion 2022-12-20T05:00:00Z The Turkish lira has lost much of its value against the dollar, and year-on-year inflation is more than 80 percent, according to government figures. Turkey Bars Potential Challenger to President Erdogan From Politics 2022-12-14T05:00:00Z Russians account for the largest number of tourists, a source of foreign exchange to help support the sinking value of the Turkish lira. Turkey Is Strengthening Its Energy Ties With Russia 2022-12-09T05:00:00Z More than half of working Turks earn around the minimum wage, which is worth less than $300 a month because of the Turkish lira’s vast devaluation against the dollar. Skyrocketing Prices in Turkey Hurt Families and Tarnish Erdogan 2022-12-05T05:00:00Z Inflation has been running at its highest in 24 years, straining households and sapping earnings, while the Turkish lira is at record lows. Analysis: Bomb attack could ignite Erdogan's security-themed re-election campaign 2022-11-15T05:00:00Z The area rebounded this summer as the weak Turkish lira drew tourists to the country. Your Monday Briefing 2022-11-14T05:00:00Z But the area rebounded this summer as the pandemic waned and the weak Turkish lira made Turkey an attractive tourist destination. Deadly Bombing in Istanbul Is Being Investigated as a Terrorist Attack 2022-11-13T05:00:00Z The Egyptian pound had strengthened against the euro, the British pound and the Turkish lira since the the Ukraine crisis. Egypt to develop new currency indicator to wean people off U.S. dollar 2022-10-23T04:00:00Z The Turkish lira has lost some 28% of its value against the U.S. dollar since the beginning of the year — on top of taking an even worse battering in 2021. Turkish central bank makes huge rate cut amid 83% inflation 2022-10-20T04:00:00Z As their local currencies lose value against the dollar, it takes more Turkish lira or Argentine pesos to make debt payments. Global economy weakening amid inflation fight, war and lingering pandemic 2022-09-17T04:00:00Z Brent crude futures have risen by nearly a quarter since last September, though that translates into a 170% jump when oil prices are calculated in Turkish lira - well above the hit other EM economies absorbed. Bearing the scars: One year of Turkey's unorthodox easing cycle 2022-09-09T04:00:00Z The Turkish lira weakened by nearly 1% against the dollar shortly after Thursday’s central bank decision. Turkey lowers interest rate even as inflation soars to 80% 2022-08-18T04:00:00Z The Turkish lira lost 44% of its value against the U.S. dollar last year, eroding people’s ability to buy even basic items. Inflation in Turkey rises to nearly 80%, hitting consumers 2022-08-03T04:00:00Z Last year's cut in interest rates from 19% to 14% has led to a fall in the value of the Turkish lira, which means it costs more for the country to import goods from abroad. Prices in Turkey rise at fastest pace for 24 years 2022-07-04T04:00:00Z The low value of the Turkish lira makes exports from the country relatively cheap, though economists say the country’s trade deficit is likely to continue because of the high cost of intermediate goods. Turkey today, Türkiye tomorrow: U.N. okays country’s request for change 2022-06-02T04:00:00Z The central bank’s decision comes as the Turkish lira resumed its decline. Turkish central banks keeps rate at 14% despite inflation 2022-05-26T04:00:00Z They dumped the Turkish lira, pushing its value down roughly three-fourths by the end of last year. Poor Countries Face a Mounting Catastrophe Fueled by Inflation and Debt 2022-05-17T04:00:00Z Numbers were spiking, but because the Turkish lira was in free fall, the authorities were resisting the economic hardship of another lockdown. Returning to Istanbul, a Place of Competing Identities 2022-05-12T04:00:00Z Aug. 26, 2019: The Turkish lira tumbled as investors cut risk exposure and briefly boosted the safe haven yen against the lira. Factbox-European 'flash crash' was latest of many globally over the past decade 2022-05-03T04:00:00Z Rosneft however did leave room for negotiation where this is not possible, adding payment may be done in Chinese yuan, U.S. dollars, euro, United Arab Emirates dirhams and Turkish lira. Russia's Rosneft seeks roubles up front in oil tenders -sources 2022-04-20T04:00:00Z The Turkish lira is widely used in the region and Turkish administrators help run schools and hospitals. In north Syria, business hub hopes to drive recovery from war 2022-04-12T04:00:00Z While most emerging market currencies have managed to escape the onslaught of the Fed's policy tightening relatively unscathed, the Russian rouble and the Turkish lira were notable exceptions. No peace for emerging market currencies as mighty U.S. dollar reigns: Reuters poll 2022-04-08T04:00:00Z The Turkish lira lost 44% of its value against the U.S. dollar last year. Turkey’s inflation hits 54%, deepening cost-of-living woes 2022-03-03T05:00:00Z The Turkish lira has sunk to record lows. Soaring Energy Bills Deepen Crisis for Turks, and Erdogan 2022-02-19T05:00:00Z The Turkish lira lost some 44% of its value against the dollar last year, while inflation surged to nearly 49% last month — reaching a 20-year high and sharply eroding people’s savings and purchasing power. Despite high inflation, Turkey keeps interest rate unchanged 2022-02-17T05:00:00Z The Turkish lira hit record lows in December following the rate cuts. Turkey’s Erdogan tries to ease surging energy bills 2022-02-16T05:00:00Z Hardman said the situation for the Turkish lira wasn't very different. No peace for emerging market currencies as mighty U.S. dollar reigns: Reuters poll 2022-04-08T04:00:00Z A currency crisis was triggered by the cuts and the Turkish lira hit record lows in December. Turkey to lower taxes on basic foods to fight high inflation 2022-02-12T05:00:00Z Erdogan has turned to unconventional measures to halt the depreciation of the Turkish lira instead of raising interest rates. Turkey’s central bank ends string of interest rate cuts 2022-01-20T05:00:00Z Erdogan’s government has introduced unconventional measures to halt the depreciation of the Turkish lira instead of raising interest rates. Despite high inflation, Turkey keeps interest rate unchanged 2022-02-17T05:00:00Z The Turkish lira hit successive record lows in November and December and lost about 45% of its value against the U.S. dollar last year. EXPLAINER: Are Turkey’s efforts to fix the economy working? 2022-01-19T05:00:00Z Saudi riyal, yuan, Turkish lira, pound, U.S. dollar, euro and Jordanian dinar banknotes are seen in this illustration taken January 6, 2020. Leaping yields buttress dollar ahead of Fed meeting 2022-01-19T05:00:00Z At that time, the row added to pressure on the ailing Turkish lira amid concerns about the impact on Turkey's relations with the West. Turkish court rules to keep Kavala in jail during trial 2022-01-17T05:00:00Z Turkish lira banknotes are pictured at a currency exchange office in Istanbul, Turkey August 13, 2018. Erdogan vows to tame Turkish inflation as scepticism grows 2022-01-12T05:00:00Z In other international developments, the Turkish lira fell another 5% against the dollar. Stocks slightly higher as traders return from holiday 2021-12-27T05:00:00Z A money changer counts Turkish lira banknotes at a currency exchange office in Ankara, Turkey November 11, 2021. Lira extends week's rally bolstered by Turkish state banks 2021-12-23T05:00:00Z A money changer holds Turkish lira and U.S. dollar banknotes at a currency exchange office in Ankara, Turkey December 16, 2021. Turkey's state banks boosted lira rally after Erdogan rescue plan 2021-12-23T05:00:00Z The Turkish lira is some 30% off record lows following authorities' promise of compensation for deposit holders against currency losses. Looking past Omicron 2021-12-22T05:00:00Z Turkish lira plunges to record low as Erdogan doubles down on economic policy his critics call ‘insane’ As Turkey’s economy suffers, Erdogan’s opponents step up efforts aimed at unseating him 2021-12-21T05:00:00Z Turkish lira slumps are hardly rare these days, but this year’s blow-up has been spectacular even by its standards. Global Markets in 2021: Recoveries, reflation and wrecking balls 2021-12-22T05:00:00Z “From now on, our citizens won’t need to switch their deposits from Turkish lira to foreign currency, fearing that the exchange rate will be higher,” Erdogan said Monday. Turkish lira rebounds after Erdogan promise to help deposits 2021-12-21T05:00:00Z This year, the Turkish lira has lost half of its value against the dollar, consigning Americans invested in Turkish stocks to a decline of more than 25 percent. The Risk of Avoiding Emerging Markets 2021-12-17T05:00:00Z “There is no need for such speculation. Our money is here, and it is the Turkish lira. We will not allow it to crash.” Turkish Currency Hits a New Low, Again 2021-12-16T05:00:00Z The value of the Turkish lira currency has lost nearly half its value this year, leaving businesses and people struggling to pay bills. How Turkish bread shows spiralling inflation 2021-12-16T05:00:00Z The Turkish lira fell sharply against the dollar after the cut in interest rates, which is the fourth such cut in as many months. Turkey cuts interest rates despite spiralling inflation 2021-12-16T05:00:00Z The Turkish lira hit a historic low of 15.28 against the U.S. dollar early Thursday amid the prospect of a new rate cut and then extended its losses following the decision. Turkish lira dips to new low after another interest rate cut 2021-12-16T05:00:00Z A money changer counts Turkish lira banknotes at a currency exchange office in Ankara, Turkey September 27, 2021. How low can you go? Five questions for Turkey's central bank 2021-12-15T05:00:00Z A merchant counts Turkish lira banknotes at the Grand Bazaar in Istanbul, Turkey, March 29, 2019. UBS chief investment office stops coverage of U.S. dollar-Turkish lira pair 2021-12-14T05:00:00Z The Turkish lira has fallen to a new record low amid fears that the central bank will make a further cut in interest rates later this week. Turkish lira slumps further to new record low 2021-12-13T05:00:00Z The Turkish lira plummeted to 14.75 against the U.S. dollar, prompting Turkey’s Central Bank to intervene by selling off foreign currency. Turkey’s Central Bank intervenes as currency hits record low 2021-12-13T05:00:00Z As a result, the Turkish lira, which had barely recovered from a currency crisis in 2018, has been weakening to record lows against the dollar and the euro. EXPLAINER: Turkey’s currency is crashing. What’s the impact? 2021-12-02T05:00:00Z The north continues to use the Turkish lira and has an economy closely tied to the Turkish mainland. Pope Francis Heads to Cyprus Aiming to Highlight Plight of Migrants 2021-12-02T05:00:00Z The simple reason for the Turkish lira's collapse is his unorthodox economic policy of keeping interest rates low to boost Turkey's economic growth and export potential with a competitive currency. Why Turkey's currency crash does not worry Erdogan 2021-12-02T05:00:00Z His resignation comes as the Turkish lira has been plummeting to successive all-time lows over concerns about the government’s economic policy, following a series of cuts in borrowing costs despite soaring inflation. Turkey’s Erdogan replaces finance minister as lira crashes 2021-12-01T05:00:00Z On Monday, the Turkish lira plunged before the Central Bank announced it was intervening by “selling transactions due to unhealthy price formations in exchange rates.” Turkey’s Central Bank intervenes as currency hits record low 2021-12-13T05:00:00Z Turkish lira banknotes are seen in this illustration taken in Istanbul, Turkey November 23, 2021. Turkish lira rebounds after hitting record lows 2021-11-25T05:00:00Z The Turkish lira has plunged this morning after President Erdogan signalled yesterday that policymakers have no appetite to respond to the currency’s recent falls by hiking interest rates. Turkish lira tumbles after president Erdoğan vows victory in ‘economic war of independence’ – business live 2021-11-23T05:00:00Z Few hold out hope of Mr Erdogan's new economic model coming to the rescue of the Turkish lira. Why Turkey's currency crash does not worry Erdogan 2021-12-02T05:00:00Z Finally, the Turkish lira is licking its wounds after Thursday's 11% fall triggered by a 100 basis point rate cut. Marketmind: Warning - rate rises ahead 2021-11-19T05:00:00Z The Turkish lira has been tumbling to record lows against the U.S. dollar as the country’s central bank has slashed interest rates, fueling concerns about its independence. ‘We don’t deserve this’: Inflation hits Turkish people hard 2021-11-15T05:00:00Z The Turkish lira, which has lost a quarter of its value this year, fell to a new low of 9.75 to the dollar. Turkish President Steps Back From Expulsions of 10 Western Diplomats 2021-10-25T04:00:00Z Turkish lira craters to new record weakness, of more than 13 per dollar. Turkish lira tumbles after president Erdoğan vows victory in ‘economic war of independence’ – business live 2021-11-23T05:00:00Z A money changer holds Turkish lira banknotes at a currency exchange office in Ankara, Turkey September 27, 2021. Turkish lira at all-time low 9.85 after Erdogan seeks expulsions 2021-10-25T04:00:00Z A money changer holds Turkish lira banknotes at a currency exchange office in Ankara, Turkey October 12, 2021. Turkish lira hits record low after Erdogan seeks expulsions 2021-10-24T04:00:00Z A Turkish opposition leader suggested that Erdogan’s statements Saturday were in fact meant to deflect blame from economic problems of his own making, including the plummeting value of the Turkish lira. Turkey’s Erdogan declares 10 ambassadors ‘persona non grata,’ escalating tensions with Western allies 2021-10-23T04:00:00Z Foreign ownership of bonds is down to about 5% from 25% five years ago, a period in which the Turkish lira has shed two-thirds of its value against the dollar. Finance watchdog 'grey lists' Turkey in threat to investment 2021-10-21T04:00:00Z "That is not a good omen for the Turkish lira." Erdogan's central bank overhaul clears way for more rate cuts 2021-10-14T04:00:00Z Health costs have risen sharply since 2018 due to a severe depreciation of the Turkish lira, which has lost more than half of its value against the U.S. dollar. Hundreds in Turkey protest $700 million unpaid medical equipment bills 2021-09-16T04:00:00Z It said no final decision has been made about a digital Turkish lira currency and that the results of the first phase of the pilot study will be announced in 2022. Turkish cenbank forms platform to research benefit of digital currency 2021-09-15T04:00:00Z Inflation that was in triple digits a decade earlier touched 5%, boosting the Turkish lira’s appeal for locals and foreigners. Analysis-When Erdogan's Turkish economic miracle began failing 2021-07-15T04:00:00Z His statement sent the Turkish lira to record lows. Turkey’s central bank keeps interest rate unchanged at 19% 2021-06-17T04:00:00Z The move raised fears about Turkey’s possible return to unconventional monetary policy and caused the Turkish lira to plummet. Erdogan urges investors to trust Turkey’s economy, potential 2021-03-24T04:00:00Z “It is truly unprecedented incompetence to cause the Turkish lira to lose more than 10% in a single day two days after interest rates were raised,” he told a Monday news conference. Turkish opposition slams Erdogan after cenbank governor ousted 2021-03-23T04:00:00Z Agbal was brought in to lead the central bank after the Turkish lira hit record lows and inflation soared. Turkey’s president fires central bank governor by decree 2021-03-20T04:00:00Z Now, as currencies such as the Turkish lira and Brazilian real sell off, investment banks are advising clients to cut emerging market exposure, noting that earlier resilience to higher U.S. yields was now cracking. Analysis: Dollar snapback may jolt post-pandemic recovery 2021-03-09T05:00:00Z Currencies favoured for leveraged carry trades all suffered, including the Brazil real, Turkish lira and South African rand. Asian markets roiled as bond rout turns 'lethal' 2021-02-26T05:00:00Z That followed a series of talks he held last week with officials and bankers about the Turkish lira’s tumble to record lows against the dollar despite $100 billion spent this year to curb its fall. Political upheaval offers Erdogan chance to heal party wounds 2020-11-13T05:00:00Z Mr. Erdogan said his government would set aside 24 million Turkish lira, about $2.8 million, to help survivors pay for lodging, furniture and other goods. Dramatic Rescues After Major Earthquake Kills at Least 37 in Turkey 2020-10-31T04:00:00Z The bank surprised last month with a 2 percentage point rate increase, its first hike in two years, as it tried to contain inflation and prop up the Turkish lira. Turkey central bank keeps rate on hold despite currency drop 2020-10-22T04:00:00Z When the Turkish lira plunged to a new low against the dollar and euro this month, Hakan Bulgurlu did not panic. Turkey Braces for Yet Another Currency Crisis 2020-08-27T04:00:00Z The Turkish lira dropped to 7.3677 against the dollar before making a recovery. Turkish lira hits another historic low amid pandemic 2020-08-07T04:00:00Z The Turkish lira dropped to a historic low of 7.3677 against the dollar before recovering slightly. Turkish lira keeps sliding, hits historic lows amid pandemic 2020-08-07T04:00:00Z The memory of crippling US sanctions and increased tariffs on Turkish steel and aluminium in 2018 related to the detention of US pastor Andrew Brunson which sent the Turkish lira into freefall is still fresh. Syria, Russia and sanctions on agenda during Erdoğan's 'critical' US visit 2019-11-13T05:00:00Z The Turkish lira plunged to a record low of 7.2 to the dollar. Russia vows to prevent Turkey-Syria clashes 2019-10-15T04:00:00Z When Mr. Brunson was not freed as he expected, Mr. Trump announced in a hostile tweet that he was doubling tariffs on Turkish steel and aluminum and watching the Turkish lira slide. In Trump, Turkey’s Erdogan Keeps Finding a Sympathetic Ear 2019-10-08T04:00:00Z He added: “I believe the Turkish lira will fall into place … these are temporary fluctuations.” Turkish lira hits another historic low amid pandemic 2020-08-07T04:00:00Z In the currency market, the biggest mover was the Turkish lira, which declined more than 2% on Monday over concerns about Ankara’s planned incursion in northern Syria. Asian shares inch up in cautious mood over trade, lira stumbles 2019-10-07T04:00:00Z In places like Kalemli-Ozcan’s native Turkey, by contrast, the Fed’s policy tightening last year contributed to a slide in the Turkish lira that the central bank tried to offset with local rate hikes. For some, currency wars may not be fun or easy to win 2019-08-23T04:00:00Z Other emerging market currencies including the Turkish lira and South African rand fell on foreign exchanges as investors bet that an Argentine debt default might rattle global financial markets. Argentinian peso plunges as centre-left win election primary 2019-08-12T04:00:00Z And Turkey, which made a deal last year with Qatar’s central bank that helped stabilize the Turkish lira, is happy to boost trade, too. How Qatar’s cows show the growing resistance to a Saudi-led boycott 2019-07-19T04:00:00Z The pound is currently 14% higher against the Turkish lira than this time last year. Five holiday destinations where a weak pound still goes far 2019-07-19T04:00:00Z Centikaya was criticized last summer for acting too slowly in tightening monetary policy and raising interest rates as the Turkish lira nosedived amid a diplomatic crisis with the U.S. Erdogan removes Turkish central bank governor 2019-07-06T04:00:00Z With the economy in crisis, inflation at almost 20% and the Turkish lira sliding by a third over the past year, the desire to punish the government is widespread. Ambitious mayor takes on Turkish president 2019-06-22T04:00:00Z The Turkish lira fell on a report the Trump administration was weighing new sanctions on the country over its purchases of the Russian S-400 missile-defense system. Stocks mixed as bonds slip ahead of Fed meeting 2019-06-19T04:00:00Z The article was about the effects of a sharp decline in the Turkish lira and how authorities and banks were responding. Turkey seeks jail terms for two Bloomberg reporters 2019-06-14T04:00:00Z The Turkish lira declined as much as 1.5% on Friday before recovering some losses. U.S. starts 'unwinding' Turkey from F-35 fighter jet program 2019-06-07T04:00:00Z In August, Mr. Trump, infuriated at Turkish delays in releasing the American pastor Andrew Brunson, who was also detained on terrorism charges, imposed new tariffs on Turkish steel, triggering a run on the Turkish lira. Turkey Frees American NASA Scientist Imprisoned for 2 Years 2019-05-29T04:00:00Z The economic hit was immediate - the Turkish lira fell again after a fall of more than 30% over the past year. Istanbul re-run a risky strategy for Erdogan 2019-05-07T04:00:00Z The Turkish lira extended losses against the dollar on Tuesday amid the political uncertainty. Opposition slams decision for re-run Istanbul vote as ‘coup’ 2019-05-06T04:00:00Z The Turkish lira weakened and was at 6.1075 against the dollar at 1730 GMT, on track for its worst day in more than a month. Turkey to re-run Istanbul election lost by Erdogan's AKP 2019-05-07T04:00:00Z “He told my father that this year the farmers are paying around 80 to 100 Turkish lira a day,” said Muhammad Rudani, Mr. Rudani’s eldest son. Syrian Refugees Toil on Turkey’s Hazelnut Farms With Little to Show for It 2019-04-29T04:00:00Z Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker. Take Five: Dollar darling. World markets themes for the week ahead 2019-04-26T04:00:00Z The Turkish lira, which lost 30 percent of its value last year, dipped again toward record lows this week, recording 5.9 to the dollar on Thursday. Erdogan’s Party Is Deeply Divided by Push to Redo Istanbul Election 2019-04-25T04:00:00Z The Turkish lira weakened some 2% against the dollar following the report. Erdogan lashes out at Financial Times over report on economy 2019-04-18T04:00:00Z Emirates NBD issued a statement Wednesday with the revised terms, which reflect the sharp depreciation of the Turkish lira over the past year. Emirates NBD saves $400M on Turkish bank after lira slide 2019-04-03T04:00:00Z The Turkish lira lost 28 percent of its value in 2018 and continues to weaken. A Political Quake in Turkey as Erdogan’s Party Loses in His Home Base of Support 2019-04-01T04:00:00Z The Turkish lira licked its wounds after a 4 percent plunge on Thursday. Asian stocks inch higher on hopes of progress in U.S.-China talks 2019-03-28T04:00:00Z JPMorgan analysts warned in the report that the Turkish lira might depreciate soon after local elections scheduled for Sunday. Turkey to Investigate JPMorgan Over Charges It ‘Caused Volatility’ in the Markets 2019-03-25T04:00:00Z Yet there is no doubt that prices — which escalated sharply after the Turkish lira lost more than 25 percent on its value in 2018 — are uppermost in Turks’ minds. Erdogan Tries to Ease the Pain of Turkey’s Bad Economy. It’s Still Hurting. 2019-03-04T05:00:00Z While the government blames traders and outsiders, the rise in prices is largely due to the rapid depreciation of the Turkish lira last summer. As prices soar, Turkey’s Erdogan woos voters with cheap veg 2019-02-22T05:00:00Z After Mr Trump's tweet, the Turkish lira dropped in value against the US dollar. Turkey: Could the US damage its economy? 2019-01-15T05:00:00Z After Trump’s tweet, the Turkish lira lost about 0.84 percent of its value against the dollar. Trump vows to ‘devastate’ Turkish economy if U.S.-backed Kurds are attacked 2019-01-14T05:00:00Z The Trump administration imposed sanctions and trade tariffs in August, amid a row over a detained US pastor - contributing to a sharp drop in the value of the Turkish lira. Turkey: Trump threats will not work 2019-01-14T05:00:00Z Trump’s tweet drew a sharp response from Ankara and the Turkish lira lost some 0.84 percent of its value against the dollar on Monday following the U.S. president’s threat. Pompeo: Trump threat to Turkey shows US commitment to Kurds 2019-01-14T05:00:00Z A diplomatic crisis last year, when Trump imposed sanctions on two Turkish ministers and raised tariffs on Turkish metal exports, helped push the Turkish lira to a record low in August. Trump threatens Turkey with economic devastation if it attacks... 2019-01-14T05:00:00Z The US also doubled tariffs on Turkish steel and aluminium that month, leading to further falls in the value of the Turkish lira - some 40% since the beginning of 2018. Turkey: Could the US damage its economy? 2019-01-15T05:00:00Z Other currencies including the British pound and some emerging heavyweights look significantly undervalued - the Turkish lira and Brazilian real by around 20 percent. King dollar's reign faces challenges in 2019 2018-12-28T05:00:00Z A devaluation in the Turkish lira on Aug. 10 reignited concerns over the vulnerability of emerging markets. How a year of 'endless storms' battered Argentina's economy 2018-12-20T05:00:00Z Those only gained pace in August, when the rand got caught up in the broad selloff that battered the Turkish lira. From Jakarta to Buenos Aires, the world feels Fed's sting 2018-12-18T05:00:00Z The Turkish lira slumped to its lowest level ever against the dollar this summer, making it harder for Turkish corporations to repay hefty debt amassed in foreign currencies during a prolonged credit-fueled expansion phase. Erdogan’s Growth Pledge on the Line as Turkish Economy Stumbles 2018-12-10T05:00:00Z The Turkish lira lost some 40 percent of its value against the dollar this year before improved relations with the United States and a major interest rate hike helped the currency to rebound. Turkish economy slowed to 1.6 percent in 2018 third quarter 2018-12-10T05:00:00Z Yet uncertainty in global markets due to an escalating U.S.-China trade dispute and a rout in the Turkish lira kept market volatility elevated through most of the third quarter. BlackRock profits rise, sales hurt by investor sentiment 2018-10-16T04:00:00Z Uncertainty in global markets due to an escalating U.S.-China trade tariff war and a rout in the Turkish lira kept market volatility elevated through most of the third quarter. Morgan Stanley profit beats on strength in equity trading,... 2018-10-16T04:00:00Z Uncertainty in global markets due to an escalating U.S.-China tariff war and a rout in the Turkish lira kept market volatility elevated through most of the third quarter. BlackRock profit beats on demand for low-risk funds 2018-10-16T04:00:00Z The kingdom remains one of the top foreign investors in Turkey, providing crucial hard currency amid a crisis in the Turkish lira. Saudi writer’s disappearance strains Turkey-Saudi ties 2018-10-13T04:00:00Z And in August, Trump doubled tariffs on imports of Turkish steel and aluminum, which sent the Turkish lira to a record low against the U.S. dollar. U.S. pastor Andrew Brunson leaves Turkey after being detained for 2 years 2018-10-12T04:00:00Z The Turkish lira, falling throughout the year, tumbled in early August. Emerging Markets Look to Contain the Damage 2018-10-08T04:00:00Z After months of delay and a 40 percent drop in the value of the Turkish lira, Erdogan two weeks ago finally permitted the central bank to raise interest rates. Turkey went on a building spree as its economy boomed. Now the frenzy is crashing to a halt. 2018-09-25T04:00:00Z Many emerging market currencies, such as the Turkish lira and the South African rand, also kept some distances from lows hit last month. Asian shares hover below three-week high as Fed rate hike looms 2018-09-25T04:00:00Z Turkish lira implied volatility gauges fell to their lowest in more than a month, as sentiment continued to improve. Trade hopes lift stocks; emerging markets get boost from Turkey... 2018-09-14T04:00:00Z Turkish lira implied volatility gauges fell to their lowest levels in more than a month, as sentiment continued to improve. World stocks boosted by trade hopes, tech, and Turkey 2018-09-14T04:00:00Z Turkish lira implied volatility gauges fell to their lowest levels in more than a month on Friday, as sentiment continued to improve. Trade hopes, tech, and Turkey bolster world stocks 2018-09-14T04:00:00Z The move, increasing Turkey’s benchmark interest rate to 24 percent from 17.75 percent, quickly pushed the Turkish lira up 3 percent against the dollar. Defying Erdogan, Turkey’s Central Bank Raises Interest Rates 2018-09-13T04:00:00Z The Turkish lira rose about 3 percent against the U.S. dollar and Turkey’s main stock index gained 2.3 percent. US stocks jump as inflation slows; tech rebounds 2018-09-13T04:00:00Z Turkish annual consumer-price inflation hit 17.9%, up from July’s reading of 15.9%, as higher transport and energy costs were affected by a sharply weaker Turkish lira, the state statistics agency said Monday. Turkey’s Inflation Hits 18% Putting Fresh Pressure on the Lira 2018-09-03T04:00:00Z The Argentine peso hit a record low and the Turkish lira resumed its slide, dramatizing the strains faced by emerging markets most vulnerable to a rising dollar. Fresh Stress Grips Weakest Emerging-Market Currencies 2018-08-30T04:00:00Z The foreign exchange market still kept a wary eye on the Turkish lira, which fell roughly 3 percent to a two-week low on Wednesday amid lingering concerns about the country’s currency crisis. Asia stocks rise as trade optimism extends Wall Street's bull run 2018-08-29T04:00:00Z “When the Turkish lira began to lose value against the Syrian pound our salaries became worthless,” said Ghassan Kinno, 23, a fighter with a Free Syrian Army rebel faction in Azaz. Falling lira hits Syrian enclave backed by Turkey 2018-08-28T04:00:00Z President Trump highlighted this potential when, in the midst of a collapse in the Turkish lira this month, he announced a doubling of steel and aluminum tariffs, which deepened the currency rout. What to Watch for at Fed’s Jackson Hole Symposium 2018-08-23T04:00:00Z The slump in the Turkish lira is on traders’ minds as the fear of contagion into the eurozone is likely to remain a dominant theme. Greeks on course to reap benefits after their sacrifices, says EU's Mosovici - business live 2018-08-20T04:00:00Z Helping the general mood was a steadying in the Turkish lira, which was holding at 5.9800 per dollar early on Monday. Asia shares inch up, cautious on Sino-U.S. trade talks 2018-08-19T04:00:00Z The Turkish lira, its currency, would continue to drop in value against the U.S. dollar, making those loans — many of which are paid in dollars — more expensive by the day. Could Turkey’s financial crisis have a snowball effect on world markets? 2018-08-17T04:00:00Z Mr. Trump’s action sent the Turkish lira plunging anew, while handing Mr. Erdogan a useful device: Here was ostensible proof that enemies of Turkey were to blame for its economic problems. The West Hoped for Democracy in Turkey. Erdogan Had Other Ideas. 2018-08-18T04:00:00Z A political spat with the US accelerated the run on the Turkish lira by fueling a self-reinforcing dynamic. Can Turkey rewrite the rulebook for crises in emerging markets? 2018-08-17T04:00:00Z The new tariffs caused the Turkish lira to plummet. Turkish president finds solidarity with his people in a boycott on the iPhone and other U.S. products 2018-08-17T04:00:00Z The Turkish lira began to recover a bit this week as officials in both countries expressed fears that the country’s economic instability could trigger a global financial crisis. U.S. Issues New Warning to Turkey Over Imprisoned Pastor 2018-08-17T04:00:00Z The Turkish lira is rebounding from record losses a day after Qatar pledged US$15 billion in investments to help Turkey’s economy. The Latest: Turkish, French presidents speak by phone 2018-08-16T04:00:00Z The Turkish lira continued to rebound from record losses a day after Qatar pledged $15 billion in investments to help Turkey’s economy. 10 Things to Know for Today 2018-08-16T04:00:00Z “Everybody who’s buying in dollars and selling in Turkish liras will be affected,” he told me. Erdoğan, Trump, and the Strongman Politics Devastating Turkey’s Economy 2018-08-16T04:00:00Z The move sent the Turkish lira to a record low against the dollar and spurred declines in other emerging market currencies. Trump's latest boost to the dollar: U.S.-Turkey spat 2018-08-16T04:00:00Z That’s why they have fled the Turkish lira while embracing the U.S. dollar. Trump vs. the Authoritarian 2018-08-15T04:00:00Z Days later, the Turkish lira began its precipitous fall, worsened by Mr. Trump’s announcement of additional tariffs. Qatar Comes to Aid of Turkey, Offering $15 Billion Lifeline 2018-08-15T04:00:00Z The United States doubled tariffs on Turkish steel and aluminum last week, which contributed to a tumble in the Turkish lira TRYTOM=D3. White House condemns Turkey's tariffs on U.S. imports 2018-08-15T04:00:00Z It’s not just Turkish lira, but many other currencies that are weakening and touching new lows. Editorial Roundup: Excerpts from recent editorials 2018-08-15T04:00:00Z “On the fundamentals, the underlying forces for the Turkish lira are quite positive,” Brooks said. Turkish lira undershooting fair value: global banking group 2018-08-15T04:00:00Z “We agreed on getting paid in Turkish lira at the beginning of summer,” she lamented, “and now we regret it because we essentially lost one third of our salary.” Turks Scramble as Lira Falls and Prices Soar 2018-08-14T04:00:00Z The Turkish lira steadied as officials from Turkey and the United States said the countries are in talks to ease diplomatic tensions, which have resulted in high tariffs on Turkish steel and aluminum. U.S. stocks rally as fears about Turkey ease 2018-08-14T04:00:00Z The Turkish lira, which has lost more than 40 percent of its value this year, is a canary in the coal mine for other developing countries. Turkey’s trouble is only the tip of a spear aimed at the economy 2018-08-14T04:00:00Z So, is the Turkish lira to blame for this? Editorial Roundup: Excerpts from recent editorials 2018-08-15T04:00:00Z CALM: The Turkish lira stabilized as officials from Turkey and the U.S. said the countries are in talks to ease diplomatic tensions which have resulted in high tariffs on Turkish steel and aluminum. Smaller companies lead US stocks higher as Turkey fears ease 2018-08-14T04:00:00Z Global markets sustained two days of losses as the Turkish lira plunged and a diplomatic dispute with the U.S. got worse. Markets Right Now: US stocks start broadly higher 2018-08-14T04:00:00Z The Indian rupee fell to an all-time low against the U.S. dollar on Tuesday as foreign investors kept selling emerging-market currencies, spooked by the collapse of the Turkish lira. Indian Rupee Drops as Lira Turmoil Sends Investors Rushing for the Exits 2018-08-14T04:00:00Z Erdogan also renewed a call for Turks to convert their dollars into the Turkish lira, to help strengthen the currency. The Latest: Erdogan says Turkey will boycott US electronics 2018-08-14T04:00:00Z The Turkish lira recovered some of its losses on Tuesday morning as India’s national currency became the latest focus of investors’ concerns over the strength of emerging economies. Turkish lira rebounds as Indian rupee hits record low 2018-08-14T04:00:00Z After the Turkish lira fell even further — one dollar bought 3.8 liras at the start of the year, but at one point on Monday it was worth 7.2 liras — investors dumped other emerging-market currencies. Plunge in Lira, Turkey’s Currency, Fuels Fears of Financial Contagion 2018-08-13T04:00:00Z Over the last week the value of the Turkish lira collapsed by more than 20 percent, shocking financial markets. Why Turkey’s Financial Crisis Matters Outside Turkey 2018-08-13T04:00:00Z The Turkish lira continued to tumble on Monday, hitting record lows despite measures by the central bank to quell the crisis. 'We can just pray to God': Turks struggle as lira crisis bites 2018-08-13T04:00:00Z On Monday Turkey’s central bank announced measures to help that country’s banks manage their liquidity, but the Turkish lira and Turkey’s stock market continued to slide anyway. US stocks rise as technology and health care firms lead 2018-08-13T04:00:00Z The plunge in the Turkish lira hasn’t just rippled into other emerging markets: It is also putting an unwelcome spotlight back on the euro. Why Turkey’s Trials Are Rippling Into Europe 2018-08-13T04:00:00Z Ankara has readied an “action plan” to ease market concerns that led to a slump in the value of the Turkish lira. 10 Things to Know for Today 2018-08-13T04:00:00Z The dollar strengthened as traders dumped Turkish lira. Asian stocks sink as Turkey fears hurt emerging markets 2018-08-13T04:00:00Z The Turkish lira floats, but not on a sea of tranquillity. Erdogan Can Save the Turkish Lira 2018-08-12T04:00:00Z The announcement caused the Turkish lira to suffer. Lindsey Graham says ‘normal relationship’ with Turkey impossible with pastor Andrew Brunson jailed 2018-08-12T04:00:00Z But the U.S. announcement quickly sent the value of the Turkish lira, already under severe strain, to a record low against the U.S. dollar. Trump takes aim at Turkey, announcing doubling of steel and aluminum tariffs in effort to punish country 2018-08-10T04:00:00Z The Turkish lira plummeted against the dollar Friday, dropping by more than 13 percent. Trump Hits Turkey When It’s Down, Doubling Tariffs 2018-08-10T04:00:00Z In some places, the pain is extending: The Turkish lira went into meltdown this week, sending ripples through global markets.... This Year’s Big Disrupter: The Dollar 2018-08-10T04:00:00Z The Turkish lira nosedived again following concerns about the country’s economic policies and sanctions from the U.S. Turmoil in Turkey sends US and European stocks sharply lower 2018-08-10T04:00:00Z The Turkish lira plunged by more than 17% against the dollar after the president announced the move, amid a widening dispute between Washington and Ankara over the imprisonment of the US pastor Andrew Brunson. Turkey's economic crisis deepens as Trump doubles tariffs 2018-08-10T04:00:00Z The Turkish lira is plunging to new record lows following Donald Trump’s tweet. Trump doubles Turkish tariffs as lira plunges to record lows - business live 2018-08-10T04:00:00Z Erdogan appealed to a crowd in the city of Bayburt to exchange dollars and gold for Turkish lira to prop up the plunging currency. Trump doubles tariffs on Turkish steel and aluminum, says relations... 2018-08-10T04:00:00Z The Turkish lira tumbled as much as 12% Friday against the U.S. dollar, which rose to its strongest point in a year, as concerns about the health of Turkey’s financial system rippled through global markets. Turkish Crisis Rattles Currency Markets; Dollar Hits One-Year High 2018-08-10T04:00:00Z TURKEY: The Turkish lira dropped again and is now down 66 percent this year against the dollar. Turmoil in Turkey sends US and European stocks sharply lower 2018-08-10T04:00:00Z Days later, the Trump administration imposed financial sanctions against two ministers of Mr. Erdogan’s cabinet, sending the Turkish lira plummeting and a stream of nationalist invective pouring forth from the Turkish media. Turkey Cheers as Erdogan Takes On U.S. Over Sanctions 2018-08-07T04:00:00Z The Turkish lira plunged to 5.42 against the dollar Monday before making minor gains on Tuesday. Turkey: Officials say envoys to go to US for talks on pastor 2018-08-07T04:00:00Z TUESDAY:Turkey’s central bank releases a policy statement after investors dumped the Turkish lira as global investors turned away from emerging market currencies. Global Economy Week Ahead: U.S. GDP, Policy Statements From Turkey and the ECB 2018-07-22T04:00:00Z For similar reasons, two other emerging-market currencies, the Turkish lira and Brazilian real, are also big movers. Investors are gorging on American assets 2018-07-12T04:00:00Z This followed a turbulent May in which the Turkish lira TRY= and Argentine peso ARS= came under intense selling pressure. Global funds cut stocks to 11-month lows, eye trade war risk:... 2018-06-29T04:00:00Z His increasingly authoritarian, nationalist and anti-Western bent is alienating foreign investors, which is hurting the Turkish lira. Now, Erdogan Faces Turkey’s Troubled Economy. And He’s Part of the Trouble. 2018-06-25T04:00:00Z The Turkish lira jumped early Monday by as much 3% against the U.S. dollar and euro as European trading hours began, rising to its strongest level in about two weeks. After Victory, Erdogan Promises to Strengthen Turkey 2018-06-25T04:00:00Z The Turkish lira gained more than one percent on expectations of a stable government after Tayyip Erdogan and his ruling AK Party claimed victory in Turkey’s presidential and parliamentary polls on Sunday. Asian shares dogged by trade worries, oil keeps gains 2018-06-24T04:00:00Z Mismanagement of the economy, amid worries of overheating, a widening foreign trade deficit and the rapid fall in value of the Turkish lira were a backdrop to the vote run-up. Turkey elections 2018: Erdoğan faces challenge from Ince – live 2018-06-24T04:00:00Z But with the value of the Turkish lira in free fall and with food prices rocketing, Mr. Erdogan’s reputation as the guardian of the economy is much diminished. Turkey’s Election: High Stakes for the Country, and Erdogan 2018-06-23T04:00:00Z As if on cue, the Turkish lira is now in a free fall. Opinion | The Millionaires Are Fleeing. Maybe You Should, Too. 2018-06-02T04:00:00Z She was racing to keep up with a rapid drop in the Turkish lira. Turkish Currency Slide Poses a Political Challenge to Erdogan 2018-05-30T04:00:00Z After the decision was announced, the Turkish lira gained 1.4% against the U.S. dollar. Turkey’s Central Bank Lifts Key Rate in Unscheduled Meeting Amid Lira’s Fall 2018-05-23T04:00:00Z The elections take place against the backdrop of an ailing economy – the Turkish lira has lost 20% of its value against the dollar, and inflation is running at 12%. Turkey elections 2018: Erdoğan faces challenge from Ince – live 2018-06-24T04:00:00Z The Turkish lira has fallen more than 5% to hit a record low against the US dollar. Turkish lira plummets against dollar 2018-05-23T04:00:00Z His remarks plunged the Turkish lira to a new low against the dollar as investors were spooked by Erdoğan’s unconventional view that high inflation is best tackled by low interest rates. Erdoğan ends UK state visit by calling jailed journalists 'terrorists' 2018-05-15T04:00:00Z The Turkish lira, Mexican peso and Polish zloty all fell. Argentina’s economic woes 2018-05-10T04:00:00Z All told, Zarrab said, he believed he paid bribes to the minister of about 45 million to 50 million euros as well as about 2 million Turkish lira and about $7 million. Gold dealer turned star witness details alleged bribes to senior Turkish official 2017-11-29T05:00:00Z The Turkish lira fell about 1 percent against the U.S. dollar after Bloomberg News reported the filing. U.S. says Turkish gold trader facing Iran trial invoked Erdogan ties 2017-11-03T04:00:00Z The Turkish lira recorded a sharp drop against the dollar on Monday, following the mutual suspension of visa services. Turkey wants US to reverse decision to halt visa services 2017-10-09T04:00:00Z Another early mover was the Turkish lira TRY=, where the dollar surged 4 percent at one point to the highest in seven months amid a diplomatic spat with Washington. Asia shares inch ahead, Turkish lira takes a dive 2017-10-08T04:00:00Z The Turkish lira is crumbling, and foreign investment has dropped by half compared with last year. Turkey, BBC, Israel: Your Monday Briefing 2017-07-24T04:00:00Z The Turkish lira and the country’s main stock exchange rose. In divided Turkey, president defends victory in referendum granting new powers 2017-04-17T04:00:00Z The Turkish lira fell about 1 percent against the U.S. dollar after Bloomberg News reported the filing. U.S. says Turkish gold trader facing Iran trial invoked Erdogan ties 2017-11-03T04:00:00Z Nevertheless, by ending uncertainty the result triggered a two percent rally in the Turkish lira from its close last week. Opposition calls for Turkish vote annulment after Erdogan wins powers 2017-04-17T04:00:00Z Another early mover was the Turkish lira TRY=, where the dollar surged 4 percent at one point to the highest in seven months amid a diplomatic spat with Washington. Asia shares inch ahead, Turkish lira takes a dive 2017-10-08T04:00:00Z Its central bank will undergo a credibility test, with investors hoping for a significant interest rate hike after attempts to defend the Turkish lira with liquidity measures proved ineffective. Trump to get first sign of U.S. economic health 2017-01-20T05:00:00Z Even beaten-down currencies like the Turkish lira and the Mexican peso — among the world’s weakest performers in the last month — gained ground against the dollar. Run-Up Since Election Slows as Investors Consider Risks 2017-01-17T05:00:00Z The central bank said in a statement that it halved banks’ borrowing limits at the interbank money market to 11 billion Turkish lira to become effective Monday. Turkey’s Central Bank Announces New Measures to Boost Lira 2017-01-13T05:00:00Z IT IS perhaps not surprising that the worst-performing major currency in the world this year is the Turkish lira. Our Big Mac index of global currencies reflects the dollar’s strength 2017-01-12T05:00:00Z The only currency that it gained ground against was the Turkish lira. Pound falls on May's Brexit hint - BBC News 2017-01-09T05:00:00Z When the president asked Turks to exchange their dollar savings for Turkish lira to stop the currency’s slide, thousands complied, fuelling a brief rally. Turkey’s Erdogan Is Turning Into a Strongman 2016-12-23T05:00:00Z This month, Mr. Erdogan called on Turks to convert their foreign currency savings in Turkish lira or gold to support the local currency as a patriotic duty. Turkey’s Economy Contracts for First Time Since 2009 2016-12-12T05:00:00Z The ruble rose against the dollar, even as currencies like the Mexican peso, South African rand and Turkish lira took a pasting. Russia May Be Odd Haven in Trump Era 2016-11-10T05:00:00Z News of the arrests also shook financial markets on Friday, with the Turkish lira falling to a record low. Turkey arrests nine journalists from opposition newspaper 2016-11-05T04:00:00Z The Turkish lira hit a record low against the U.S. dollar in recent weeks. Turkey’s Crackdown Sweeps Through Business and Finance, Imperiling the Economy 2016-11-03T04:00:00Z Cyprus adopted the euro as its currency in 2008, yet the north uses the Turkish lira. UK Brexit: Could Cyprus inspire pro-EU Scotland? - BBC News 2016-07-22T04:00:00Z But by the time stock markets around the world opened for trading Monday, most reacted with a shrug, and the Turkish lira recovered some of its steep losses. S&P 500 Hits New Record 2016-07-18T04:00:00Z The Turkish lira hit a three-week low against the dollar in late Friday trading. Turkey coup impact seen limited but instability fear remains 2016-07-17T04:00:00Z A wider pullback from emerging markets—with many currencies sliding against the dollar late Friday as the Turkish lira sank 4.3% after news of the coup emerged—isn’t necessarily justified, however. Turkey Coup: A Test of Emerging Faith 2016-07-16T04:00:00Z Cheap oil and reduced demand for imports of other goods because of the weakness of the Turkish lira helped keep it to 4.5% of GDP in 2015. Sugar highs 2016-07-14T04:00:00Z The Turkish lira and Brazilian real ended June 3rd over 1.5% stronger than the day before; the Russian rouble gained over 2%; and the South African rand climbed by over 3%. The Fed’s tributaries 2016-06-09T04:00:00Z Within hours of his meeting with the prime minister, the Turkish lira plummeted by almost 4% against the dollar, the biggest such drop since 2008. No room for moderates 2016-05-05T04:00:00Z The Turkish lira suffered its heaviest daily loss on Wednesday, down almost 4% against the US dollar. Turkey PM Ahmet Davutoglu to quit amid reports of Erdogan rift - BBC News 2016-05-05T04:00:00Z The political turmoil sent the Turkish lira tumbling to a two-month low against the dollar. Turkish Prime Minister to Step Aside in Feud With Erdogan 2016-05-04T04:00:00Z After Wednesday’s decision, the Turkish lira rallied by almost 1% to its highest level since April 4, trading around 2.8085 to the dollar, with the currency approaching levels last seen early in November. Turkey’s Central Bank Chief Cuts Key Rate in Inaugural Move 2016-04-20T04:00:00Z In 2008, the Turkish lira was almost equal to the dollar. Turkey’s Erdogan must reform or resign 2016-03-10T05:00:00Z The Turkish lira, by contrast, is only down 3.2% this year against the dollar. Russia and Turkey Show Oil Prices Aren’t Everything 2016-01-24T05:00:00Z The Brazilian real and the Turkish lira fell another 2 percent at the start of 2016 on fears of emerging market turmoil. Low Oil Prices Threaten Global Currency Rates 2016-01-07T05:00:00Z The Brazilian real, South African rand and Turkish lira will also weaken, he added. China’s Financial Growing Pains Caused World of Hurt in 2015 2015-12-30T05:00:00Z One Syrian man approached Ibrahim, and they negotiated a price: 25 Turkish lira, or about $8. Undeterred by winter, Syrian refugees flock to a Turkish city for risky boat trips to Europe 2015-12-25T05:00:00Z In currency markets, the Turkish lira weakened against the dollar. Global Stocks Lower as Turkey Downs Jet 2015-11-24T05:00:00Z Even as worries persisted about the deep polarization of society and a drift toward authoritarianism, investors cheered the result: The Turkish lira soared, as did the prices of Turkish stocks. Party Victory in Turkey Bolsters Erdogan’s Pursuit of Power 2015-11-02T05:00:00Z The Turkish lira and shares in Istanbul surged in response to the result. Turkey election: Erdogan calls on world to respect result - BBC News 2015-11-02T05:00:00Z But in the absence of a stable government, the country’s faltering economy dipped further, with the Turkish lira now hovering just above an all-time low. Erdogan’s party enjoys decisive election victory in Turkey 2015-11-01T04:00:00Z A once-booming economy, perhaps Mr. Erdogan’s signature accomplishment, faltered, as did the Turkish lira, as investors fretted over the country’s future. Erdogan’s Party in Turkey Regains Parliamentary Majority 2015-11-01T04:00:00Z The absence of a stable government sent a softening economy into the doldrums, with the Turkish lira hovering just above an all-time low. Turkey’s election takes place in shadow of war and division 2015-10-29T04:00:00Z The Russian ruble, Turkish lira, and South African rand all gained against the buck. Global Stocks Climb as Investors See No Fed Rate Rise on Lackluster U.S. Data 2015-10-15T04:00:00Z Amid the turmoil, the Turkish lira is losing value and interest rates are spiking, making it more difficult for Turkey to finance its looming short-term debt. Uncertain future looms for Turkey, a NATO ally and bastion of stability in a chaotic region 2015-10-12T04:00:00Z Since the dollar began its relentless move upward about a year ago, the Turkish lira has lost 35 percent, the Brazilian real has dropped 65 percent and the South African dollar has declined 20 percent. A Big Bet That China’s Currency Will Devalue Further 2015-09-23T04:00:00Z The Brazilian real has fallen more than 30% against the dollar this year; the Turkish lira hit a record low this week; the Malaysian ringgit is down 17%. Emerging-Market Currencies: It’s Not Just About the Fed 2015-09-16T04:00:00Z The Turkish lira on Monday sank by more than 1% to a fresh record low against the dollar, as security threats compounded jitters over China’s economic slowdown and worries the U.S. Global Recovery Faces Hurdles as Economic Overhauls Stall 2015-09-07T04:00:00Z The Turkish lira weakened to a record of 3.0475 lira against the dollar, partly because of violence and instability in the country. Global Stocks Try to Regain Footing Amid Lingering China Fears 2015-09-07T04:00:00Z The Russian ruble, the Turkish lira and the South African rand all rose against the U.S. dollar. Global Markets Continue to Recover 2015-08-27T04:00:00Z But the greenback’s strength against currencies like the Russian ruble, the Turkish lira and the Brazilian real began to gather steam a year ago. Signs, Long Unheeded, Now Point to Risks in U.S. Economy 2015-08-25T04:00:00Z The Turkish lira fell to a record low against the dollar Thursday, crossing 3 lira to the dollar. Emerging Market Currencies Struggle as Analysts Warn of ‘Total Carnage’ 2015-08-20T04:00:00Z The Turkish lira fell sharply, breaking 3 lira per dollar, an all-time low. Stock Markets Slip as Fed Officials Remain Divided on Interest Rate Rise 2015-08-20T04:00:00Z Reflecting investors’ concerns, the Turkish lira fell to a record low of 2.82 to the dollar on Thursday, and the country’s stock market faltered. Turkish Coalition Talks End Fruitlessly, Making New Elections Likely 2015-08-13T04:00:00Z On Monday, Turkish main equity market index lost close to 5% of its value, while the Turkish lira traded at record lows. Does Germany Deserve To Borrow At Less Than One Percent? 2015-06-09T04:00:00Z Underscoring fears of political turmoil ahead, the Turkish lira tumbled in value on Monday, at one point reaching a record low of 2.81 to the dollar, and the country’s stock market slid. In Turkish Election, a Foe Recep Erdogan Could Not Beat: Voter Fatigue 2015-06-08T04:00:00Z The stock market slid and the Turkish lira touched new lows. Election shocker roils Turkey; political uncertainty looms 2015-06-08T04:00:00Z The pound is also gaining ground around the world, especially against popular holiday currencies such as the Turkish lira and the Thai baht. Euro sales boom ahead of holidays - BBC News 2015-05-04T04:00:00Z Companies spent 19 billion Turkish lira of their 36.5 billion Turkish lira profits for financing. Turkey's Misguided Yemen Move 2015-04-01T04:00:00Z On Tuesday, the Turkish lira hit a record low against the dollar. Bond Investors Are Skittish Over Emerging Markets 2014-12-16T05:00:00Z The South African rand and Turkish lira look likely to fall further since both still combine big current-account gaps with high inflation. The dodgiest duo in the suspect six 2014-11-06T05:00:00Z At the foot of the 8,000-year-old Citadel — which claims to be the oldest continuously inhabited town in the world — currency traders in the central market swap dollars, euros and Turkish liras for Iraqi dinars. New oil pipeline boosts Iraqi Kurdistan, the region made of three northern provinces The Turkish lira dropped almost 11 percent in five months from the start of September to the end of January 2014. Brazil, other markets are no longer ‘Fragile Five’ 2014-06-11T04:00:00Z “The destination: an election rally held by Erdoğan, which the workers were paid 50 Turkish lira to attend—the equivalent of about $25, or an eight-hour day shift in the mine.” ‘There Will Be a Massacre’: The Turkish Government Responds The destination: an election rally held by Erdoğan, which the workers were paid 50 Turkish lira to attend—the equivalent of about $25, or an eight-hour day shift in the mine. ‘Someday There Will Be a Massacre’ "Rouble, the Turkish lira, the yen, there's hardly a currency left that is not losing against the euro." Adidas CEO to prepare succession in coming years: report 2014-05-17T04:00:00Z But a sharp decline in the Turkish lira and rising interest rates, coupled with political turmoil since last year, are threatening to slow that growth engine. Turkey's Turmoil Puts Property Market at Risk 2014-03-05T01:45:21Z The Turkish lira and the South African rand have been grinding steadily higher for the past two weeks. Yellen, upbeat China trade report buoy risk assets 2014-02-12T03:00:43Z The Polish zloty last week took a hit as global investors exited emerging markets, but its weakening was smaller than some other currencies, such as the Hungarian forint or the Turkish lira. Polish Central Bank Sees Calmer Outlook 2014-02-05T17:16:34Z Currencies in emerging markets also bounced from recent lows with the Turkish lira, Brazilian real and South African rand all gaining. Asia shares get reprieve, Nikkei bounce muted 2014-02-05T01:10:33Z Emerging market currencies like the Turkish lira, Hungarian forint and South African rand all strengthened against the U.S. currency. American Stocks Stabilize After Global Weakness 2014-02-04T12:18:19Z Turmoil in emerging markets eased on Thursday as the hard-hit Turkish lira and South African rand rebounded. Wall Street rallies on Facebook and GDP; Amazon sinks late 2014-01-31T01:17:34Z The number of Turkish lira or Argentine pesos it costs to buy a dollar are both near record highs, and the South African rand is at its weakest since 2008. Global Markets Slip After Fed’s Decision on Stimulus 2014-01-30T10:56:10Z Turkey, for instance, sold its dollar reserves last week in an attempt to prop up the price of the Turkish lira and quell instability. Currency Crises Abroad Are Benefiting the U.S. 2014-01-30T10:45:10Z Even so, the Turkish lira slumped on Wednesday, along with other emerging market currencies. Citing Growth, Fed Again Cuts Monthly Bond Purchases 2014-01-29T19:08:36Z Wall Street opened lower on Wednesday as the Turkish lira weakened despite its central bank’s bold interest-rate hike and ahead of the United States Federal Reserve’s decision later in the day on its stimulus. Wall Street Is Lower Amid Overseas Unease 2014-01-29T14:56:34Z Better to keep it simple, he said, and steer clear of currencies with four letters: the Mexican peso, the South African rand, the Brazilian real and, of course, the Turkish lira. ‘Fragile Five’ Is the Latest Club of Emerging Nations in Turmoil 2014-01-29T01:41:19Z Emerging market currencies including the Turkish lira, South African rand and Indian rupee fell again. Global Markets Slip After Fed’s Decision on Stimulus 2014-01-30T10:56:10Z The Turkish lira climbed to a new intraday high against the dollar as traders prepared for a closely watched interest-rate decision from Turkey's central bank. Turkish Lira Rises on Rate Hike 2014-01-28T22:19:32Z The Turkish lira remained volatile, dropping 0.7 percent to 2.2690 to the dollar in early Asian trade, though it kept some distance from the record low of 2.3900 hit on Monday. Asian shares pinned at five-month lows, Turkey in spotlight 2014-01-28T03:14:58Z The Turkish lira fell to a record low against the dollar before rebounding on hopes for a response from the central bank. U.S. Stocks Fall as Investors Weigh Emerging Markets 2014-01-27T21:48:17Z The Turkish lira hit a record low on Friday against the dollar, even after the central bank spent an estimated $3 billion trying to prop it up. Fed in focus after emerging market mauling 2014-01-26T19:06:13Z A flight from emerging market assets accelerated on Friday, sending the Turkish lira to a new low and setting global shares on course for their worst week this year. Aircraft finance on cloud nine as new money pours in 2014-01-24T19:22:05Z The Turkish lira hit a record low and the South African rand hit a five-year low against the dollar. Wall Street Sinks as Investors Retreat From Emerging Markets 2014-01-24T15:08:00Z The Turkish lira hit a new record low of 2.33 to the dollar, even after the central bank spent at least $2 billion trying to prop it up on Thursday. Emerging market sell-off spills over to Europe, U.S. 2014-01-24T14:18:28Z The Turkish lira is down 12% against the pound so far this year. Where the savvy traveller is going 2013-10-04T23:04:40Z Morgan Stanley recommended investors to short the Turkish lira versus the Indian rupee. Dovish ECB weighs on euro, Asian shares await U.S. jobs report 2013-09-06T03:02:06Z Upbeat investor sentiment helped the Turkish lira—which bore the brunt of last week's selloff—notch up gains of more than 1% against the greenback. Chinese Data Underpins Gold, Oil 2013-09-02T22:56:16Z The Indian rupee and Turkish lira have hit record lows against the dollar, the Indonesian rupiah has fallen to four-year lows, and other currencies have tumbled as investor sentiment has soured on emerging markets. BOJ to hold policy, debate emerging market risks 2013-09-02T05:09:45Z Azerbaijan's $34 billion oil fund raised its emerging weighting to 13 percent last year from 9.5 percent and also added the Turkish lira and Russian rouble to its portfolio. Analysis: Sovereign funds' fortunes turn as emerging assets sour 2013-08-21T06:01:08Z The company, in its most recent filings, acknowledged this risk: if the American dollar gains 10 percent against the Turkish currency, the loss to the company would be 11.8 million Turkish liras. Turkish Skyline Foreshadows Emerging-Market Slowdown 2013-08-20T18:35:34Z Since the start of May, the Turkish lira has fallen 9 percent on investor concerns about anti-government protests and U.S. plans to scale back monetary stimulus. UAE central bank asks lenders about exposure to Turkey 2013-07-15T09:28:35Z And for scientists who try to model it–which way a crowd will move, which way a stock will go, the international valuation of the Turkish lira or the Brazilian peso–that’s the rub. The Dancer. At Taksim Square. 2013-06-28T13:45:00.453Z When I visited here in the 90s the money was a joke because of hyper-inflation - a burger cost millions of Turkish lira. Turkish voices back Erdogan against protests 2013-06-12T23:48:56Z In an indication of the impact of the protests on investor confidence, the central bank said it would intervene if needed to support the Turkish lira. Turkish police battle protesters after Erdogan warning 2013-06-12T00:06:28Z That pushed up the value of the Turkish lira, making imports cheaper and sparking a boom in demand for foreign goods. Turkey's financial fragility exposed 2013-06-06T15:43:53Z High domestic interest rates attracted short-term foreign capital, which in turn led to the Turkish lira being overvalued, sparking an import boom in both consumption and investment goods. Protests threaten Turkey's economy 2013-06-06T12:26:45Z Iran sells natural gas to Turkey and receives payment in Turkish lira, which are then used to purchase gold bars in Turkey. EU Court Strikes Down Swift's Blockade Against Iranian Banks 2013-02-08T15:20:39Z In emerging markets, the Turkish lira extended gains against the dollar a day after the country received its first investment grade rating in almost two decades. Dollar Mixed Ahead of U.S. Elections 2012-11-06T12:41:47Z The Turkish lira slipped 0.6 percent after the central bank cut its highest lending rates. U.S. Stocks Pare Gains While Crude Oil Jumps to Nine-Month High 2012-02-21T21:42:01Z The Turkish lira slipped 0.4 percent after the central bank cut its highest lending rates. U.S. Stocks Erase Gain While Crude Oil Jumps to Nine-Month High 2012-02-21T20:29:01Z ISTANBUL—The Turkish lira fell on Tuesday as Turkey's central bank unexpectedly cut its overnight lending rates and issued a more dovish assessment of global monetary conditions. Turkish Lira Falls on Rate Move 2012-02-21T13:50:11Z The Turkish lira slipped 0.5 percent after the central bank cut its highest lending rates. U.S. Stocks, Commodities Gain as European Equities Retreat 2012-02-21T14:57:03Z The Turkish lira strengthened the most since March 2009 against the dollar. Euro Falls Below 100 Yen, 1st Time Since 2001; Aussie, Kiwi Rise 2011-12-30T15:29:01Z The Turkish lira retreated 1.1 percent after Turkey’s outlook was cut to “stable” from “positive” by Fitch Ratings. European Bond Risk Climbs to Record as U.S. Stocks, Oil Fall 2011-11-23T14:55:03Z The Turkish lira approached a record low as inflation slowed in September. Euro Drops to 8-Month Low as Finance Ministers Prepare to Meet 2011-10-03T11:33:02Z The Turkish lira fell for a second day, hitting the lowest level since March 2009, on speculation that a global slowdown will prompt the central bank to cut rates next week. Stocks, Oil Drop on Growth Concern; Franc Gains, Gold at Record 2011-08-19T09:29:03Z The Turkish lira extended its losses against the dollar since November to 20 percent. Sinking Real Lifts Emerging Currency Swings From Decade Low 2011-08-09T09:53:04Z Although Turkey’s economy expanded 11 percent in the first quarter, that growth hasn’t prevented the Turkish lira from sliding more than 9 percent against the dollar, the biggest loser among emerging-market currencies. Turkey’s Trade Deficit Woes 2011-08-04T20:45:02Z The Turkish lira weakened 1.2 percent against the dollar on growing concern that the country’s record current-account deficit may leave it vulnerable to a drop in risk appetite. Stocks, Treasuries Retreat as Lawmakers Push Rival Debt Plans 2011-07-25T20:59:02Z The Turkish lira weakened 1 percent against the U.S. currency on growing concern that the country’s record current- account deficit may leave it vulnerable to a drop in risk appetite. Stocks, Treasuries Fall on U.S. Debt Talks; Gold Reaches Record 2011-07-25T12:16:01Z The Turkish lira strengthened and bond yields fell Monday, as markets digested what some economists a called a "goldilocks" outcome in Turkish elections. Markets Welcome Turkish Vote Result 2011-06-13T11:07:52Z The rand depreciated by 0.6 percent against the dollar and the Turkish lira slid 1 percent. Emerging Market Stocks Drop for Fifth Day on Inflation Concern 2011-02-09T10:02:05Z In Turkey, the most liquid Middle Eastern market, government-bond prices fell, and the Turkish lira fell to its lowest level against the dollar since April 2009. Dow Declines 166 on Egypt Unrest 2011-01-29T02:01:48Z The Turkish lira tumbled 2.3 percent versus the dollar, heading for the biggest decline in eight months, after the central bank unexpectedly cut its benchmark rate. Stocks Drop on China Concern; U.S. Futures Pare Losses on Jobs 2011-01-20T13:46:03Z Tim Lee, an independent economist at Pi Economics in Stamford, Conn., calculated in a recent report that the Turkish lira may be overvalued by as much as 100 percent. Turkey?s Rapidly Rising Currency Has Downside 2010-10-19T22:06:00Z Bank Mellat, they said, now operates a Turkish lira bank account at its Istanbul branch. Special report: Tracking Iran's nuclear money trail to Turkey 2010-09-20T12:10:00Z Nearly all of them had some gold coins, English sovereigns being as numerous as Turkish lira pieces. A Kut Prisoner Moreover, the small, vulnerable economy has suffered because the Turkish lira is legal tender. The 2001 CIA World Factbook Moreover, because the Turkish lira is legal tender, the Turkish Cypriot economy has suffered the same high inflation as mainland Turkey. The 1995 CIA World Factbook Few other analysts see the lira as being that overvalued, with a majority estimating that the Turkish lira is 10 percent to 15 percent more expensive than it should be against the dollar. Turkey?s Rapidly Rising Currency Has Downside 2010-10-19T22:06:00Z Moreover, because the Turkish lira is legal tender, the Turkish Cypriot economy has suffered the same high inflation as mainland Turkey. The 1994 CIA World Factbook The year's tithes were sold for 82,088 Turkish liras, or nearly 74,000 pounds sterling, and the whole amount has yet to be collected. Cyprus, as I Saw It in 1879 |
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