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Currency News

Borsa Istanbul up at open

13 Mar 2018 02:07Yeni Safak English
The BIST banking index fell by 0.11 percent at open and the BIST holding index was flat with a 0.02 percent decline. On Monday, Borsa Istanbul's BIST 100 index closed at 118,411.44, rising by 1.28 percent with a 6.5 billion-Turkish lira ($1.75 billion ... more

Moody's love of Fetullah Gülen

08 Mar 2018 15:00Daily Sabah
Since 2002, Turkey's economy has greatly accelerated. It has shown great resistance to external shocks, including the 2008 crisis. more

How will the new FX borrowing restrictions affect acquisition finance ...

08 Mar 2018 09:22Lexology
Therefore, the Turkish resident SPVs will no longer be entitled to utilize FX loans to purchase the target company's shares or finance their projects (other than project finance for PPPs as set out above). more

Turkish Treasury plans to repay $9.4B debt in March-May

28 Feb 2018 12:45Anadolu Agency
Turkish Treasury will pay back 35.8 billion Turkish liras (some $9.4 billion) of debt, 62 percent of which will go to external creditors, in the period of March-May this year, the Undersecretariat of Treasury announced on Wednesday. more

Borsa Istanbul down at close

13 Feb 2018 09:45Anadolu Agency
Turkey's benchmark stock index dropped by 0.28 percent to close at 114,494.50 points on Tuesday, with a total trading volume of 5.1 billion Turkish liras ($1.34 billion). Borsa Istanbul's BIST 100 index lost 327.10 points, while the banking and holding ... more

Turkey's Borsa Istanbul down at close

05 Feb 2018 09:45Anadolu Agency
Turkey's benchmark stock index went down 1.07 percent to close at 116,852.68 points on Monday, with a total trading volume of 6.1 billion Turkish liras ($1.62 billion). Borsa Istanbul's BIST 100 index dropped 1,266.72 points, while the banking and ... more

Pound to Turkish Lira Exchange Rate Plunges on UK Data despite Slip in Turkish ...

05 Feb 2018 06:56Future Currency Forecast
The Turkish Lira (TRY) was able to hold its ground against a weaker Pound (GBP) on Monday, despite news that Turkey's latest inflation rate had slowed further than economists expected. more

EMERGING MARKETS-Dollar, commodities weigh on stocks, Turkey's lira jitters

17 Jan 2018 04:30Reuters
LONDON, Jan 17 (Reuters) - A stronger dollar and weaker commodity prices knocked emerging stocks off their near-decade highs and weighed on currencies, with Turkey's lira on track for its worst week since early November on flaring geopolitical tensions ... more
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