Turkish Finance Minister Rules Out Capital Controls as Policy Option

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Turkish Finance Chief Tries to Reassure Investors on Crisis

[unable to retrieve full-text content] Turkish Finance Chief Tries to Reassure Investors on Crisis  U.S. News & World Report Turks are smashing their iPhones to protest Trump  CBS News Five ways Turkey’s financial crisis could roil the US  The Hill As a trade…

Turkish lira aims for third straight gain against the dollar

The U.S. dollar came off slightly versus its rivals on Thursday, as news of renewed U.S.-China trade talks helped risk appetite return to financial markets. Beijing will send a delegation to Washington later this month, and vice commerce minister Wang…

Turkish lira firms against dollar ahead of Albayrak presentation

ISTANBUL (Reuters) – The Turkish lira rallied 3 percent on Thursday ahead of a presentation by Finance Minister Berat Albayrak to investors, shrugging off U.S. comments ruling out the removal of steel tariffs on Turkey even if it frees a…

Turkish lira rallies as Qatar invests $15bn, but markets slide – as it happened

[unable to retrieve full-text content] Turkish lira rallies as Qatar invests $15bn, but markets slide – as it happened  The Guardian Turkey braces for hard times amid currency crisis, US spat  ABC News Trump vs. the Authoritarian  Wall Street Journal Full coverage Source…

Global Markets: Shares rebound as Turkish lira pulls out of dive

NEW YORK (Reuters) – World share markets rebounded on Tuesday as Turkey’s lira pulled out of a recent nosedive and reassuring data from Germany helped offset the latest softness in China’s economy. Traders work on the floor of the New…

Erdogan calls for Turkish boycott of US-made electronics, singling out Apple's iPhone

ISTANBUL — President Recep Tayyip Erdogan said Tuesday that Turkey would boycott U.S.-made electronic products, escalating a feud with the Trump administration that has contributed to the rapid decline of the Turkish currency.   The currency, the lira, tumbled against the…

Sinking Turkish Lira, Indian Rupee Fuel Fears of Contagion

People walking next to a currency exchange office in Istanbul, Turkey, on Monday. A plunge in the Turkish lira, Indian rupee and other currencies has sparked fears of contagion. Photo: erdem sahin/epa-efe/rex/shutters/EPA/Shutterstock 64 Comments By Mike Bird Mike Bird The…

Turkish lira recovers sharply against the dollar after record nosedive

The Turkish lira recovered from its record low in Tuesday morning trading, strengthening around 6 percent against the dollar after Turkey’s central bank pledged to provide liquidity. The beleaguered currency has lost 28 percent of its value against the greenback…

Turkish lira edges up from record low on central bank pledge

ISTANBUL (Reuters) – President Tayyip Erdogan said on Tuesday Turkey will boycott electronic products from the United States, retaliating in a dispute with Washington that has helped drive the lira to record lows. FILE PHOTO: A money changer counts Turkish…