Gulf Times - Turkish-lira
Turkish lira firms ahead of economic plan announcement

Turkish lira firms ahead of economic plan announcement

Finance Minister Berat Albayrak has promised "realistic macro targets" and "right action plans" in the three-year programme to 2021.

Indian rupee touches record low as Asia markets tumble

Indian rupee touches record low as Asia markets tumble

Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion from financial crises in Argentina and Turkey.

Turkish lira tumbles another 5% as deputy bank chief quits

Turkish lira tumbles another 5% as deputy bank chief quits

The lira has lost nearly 45% of its value since the start of the year against the dollar as investors took fright over a bitter row with the United States.

Turkey's lira weakens more than 6% on threat of more US sanctions

Turkey's lira weakens more than 6% on threat of more US sanctions

The lira has lost nearly 40% of its value against the dollar this year, hit by both the diplomatic rift and investor alarm.

Turkish lira rallies ahead of Albayrak presentation

Turkish lira rallies ahead of Albayrak presentation

The lira gained some support from the announcement late on Wednesday of a Qatari pledge to invest $15bn in Turkey.

Turkey hikes tariffs on imports of several US products

Turkey hikes tariffs on imports of several US products

The move comes after US President Donald Trump announced that the United States was doubling steel and aluminium tariffs on Turkey.

Erdogan says Turkey to 'boycott' US electronic goods

Erdogan says Turkey to 'boycott' US electronic goods

Relations between the two Nato allies have plummeted in one of their worst crises in decades after the detention of US pastor Andrew Brunson on terror-related charges.

Indian rupee hits record low of 70 to the dollar

Indian rupee hits record low of 70 to the dollar

The rupee has been on a downward spiral throughout 2018 after starting the year at 63.67.

Turkish lira hammered again as crisis spills into Asian markets

Turkish lira hammered again as crisis spills into Asian markets

With investors already on edge over the China-US trade war, the lira's collapse sparked a sell-off in Europe and New York at the end of last week.

Erdogan calls on Turks to ignore forex developments, sell dollars

Erdogan calls on Turks to ignore forex developments, sell dollars

President Tayyip Erdogan on Friday called on Turks to ignore developments in the Turkish lira, saying the country was set to post record growth despite the economic attacks it has been facing.

Turkish lira plunges 14% on worries over economy, US row

Turkish lira plunges 14% on worries over economy, US row

The sell-off has deepened concern about exposure to Turkey, particularly whether over-leveraged companies will be able to pay back loans in euros and dollars.

Sketchy Dortmund keen for revival against Benfica

Sketchy Dortmund keen for revival against Benfica

Borussia Dortmund coach Thomas Tuchel hopes the return of the Champions League will provide the jolt his inconsistent side need ahead of today’s visit to Benfica in the first leg of their last-16 tie.