Is the Turkish lira on the edge?
The country is finding means to strengthen its currency—despite volatility, fluctuating investor sentiment and harsh pandemic...
Tag : Lira
Turkey’s lira depreciates to an all-time low due to inflamed political tensions
The value of lira dropped as much as 0.9 percent to 7.8692 percent, with an extended loss of more than 24 percent...
Dollar dips on trade optimism as US-China talks are awaited
The dollar sagged on Monday as investor demand for the safe-haven currency receded on optimism over a reduction in US-China trade tensions...
Qatar to invest $15bn in Turkey amid the lira currency crisis
The move is seen as payback for Turkey's staunch support after Saudi Arabia, United Arab Emirates and Egypt blockaded Qatar last year...
Investors bid up safe havens during Turkish crisis, euro goes soft
Euro touches 13-month low against US dollar, as the Yen gains about 0.3 % and Australian dollar hits an 18-month low...
Lira crashes to historic low
Inflation, string of terror attacks in Turkey to be blamed IFM Correspondent January 4, 2017: Lira, Turkey’s embattled currency, on Tuesday crashed to a historic low against the US dollar due to higher than expected inflation figures and security worries after the attack on a nightclub in Istanbul on New Year eve. The lira was...
Pound outperforms eight out of ten currencies in 2015
Big gains against Brazilian real, Turkish lira and South African Rand January 4, 2016: The Olympics may still be a few months away, but for savvy holidaymakers there’s never been a better time to visit Brazil than now. The ongoing recession in South America’s largest economy has seen the real fall in value against sterling...
Odeabank: From the 49th place to 13th in 15 years
The total loan book reached Turkish Lira 14.3 billion, total asset size TL 20.3 billion whereas customer deposits reached TL 16.8 billion by the end of the first half of 2014 December 22, 2014: Odeabank made a powerful entry into the sector by obtaining a banking licence for the first time in 15 years in...