Turkish Investors Looking for Haven Turn to Stablecoin Tether
People in Turkey are running to the crypto market as a haven against the collapsing lira currency. Local
2023-06-10 14:17
Erdogan Names First Republic’s Ex-Exec as Central Bank Head
Turkish President Recep Tayyip Erdogan named Hafize Gaye Erkan, a former co-chief executive officer of First Republic Bank,
2023-06-09 17:55
Turkey State Lenders Return to Lira’s Defense After Sharp Drop
Turkish state lenders returned to supporting the lira after a temporary halt to dollar sales on Wednesday triggered
2023-06-08 17:17
Lira Drop Accelerates In Sign Turkey Government’s Loosening Grip
The pace of declines in the Turkish lira hastened in early Wednesday trading amid increasing signs that policy
2023-06-07 14:59
Erdogan’s Gas Giveway Helps Cool Inflation Before Policy Reboot
Turkey’s inflation decelerated to the slowest since 2021 as President Recep Tayyip Erdogan made good on a promise
2023-06-05 16:54
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, bringing back
2023-06-02 14:52
Turkish Lira Sinks, Stocks Gain as Investors Bet on Policy Shift
Turkey’s currency weakened to a record low amid concerns about external financing needs, while stocks rallied as investors
2023-05-30 17:23
Erdogan Overcomes Economic Woes to Extend Record Turkey Rule
Turkish President Recep Tayyip Erdogan sealed an election victory in a runoff vote, raising the prospect of more
2023-05-29 21:50
Turkish Lira Falls After Erdogan Wins Another Five Years in Power
Turkey’s lira weakened after Recep Tayyip Erdogan won a presidential runoff election on Sunday, extending his time as
2023-05-29 15:57
Turkey’s Runoff Election Has Investors Bracing for More Pain
Financial markets are signaling that more pain is to come in Turkey’s financial markets, as long-time leader President
2023-05-26 16:29
Turkey Holds Rate Again With Lira Feeling Heat Before Runoff
Turkey’s central bank extended its interest-rate pause for a third month as it tries to keep the lira
2023-05-25 19:25
Turkey Asked Banks to Buy Eurobonds to Support Default Swaps
Turkey’s central bank asked some local lenders this week to step in and buy the country’s dollar bonds,
2023-05-25 14:28