President Recep Tayyip Erdogan's senior economic adviser suggested on Friday that overvalued currencies may create a “ticking time bomb” in the guise of hot money nestling in a nation's economy.
more| 16 Mar 2018 11:41 | bne IntelliNews |
The cost of insuring exposure to Turkish debt grew to a one-month high on March 16 as anxieties about Turkey's economic difficulties and the Afrin military showdown in Syria unsettled markets.
more| 14 Mar 2018 04:33 | bne IntelliNews |
Turkish bond prices fell on March 13 as a growing set of economic and political anxieties left investors fretting. To add to the darkening picture, credit default swaps for Turkey rose while the Turkish lira (TRY) hit a record low against the euro and ...
more| 13 Mar 2018 12:49 | Daily Sabah |
The euro broke a historic record against the Turkish lira at 4.8013 Tuesday, following a Eurozone growth forecast upgrade from the OECD.
more"Global yields are rising, which is what Turkey is quite susceptible to." Turkey'sJanuary 2041 eurobond fell 0.6 cents to 93.74 cents in the dollar, the lowest level since early February 2017, according to Thomson Reuters data.
more| 10 Mar 2018 05:48 | Yeni Safak English |
Net profits at leading Turkish conglomerate Ronesans Holding almost doubled last year to reach 1.05 billion Turkish liras ($287.1 million), the holding announced on Saturday.
more| 09 Mar 2018 01:18 | Anadolu Agency |
Turkey's benchmark stock index, BIST 100, rose 0.31 percent or 360.22 points to open at 116,927.30 points on Friday. The banking and holding sector indices rose 0.34 percent and 0.36 percent, respectively.
more| 08 Mar 2018 23:15 | Bloomberg |
The Turkish lira stands to weaken further against the euro and traders should bet on it via the options market, according to UniCredit SpA.
more