Turkish lira plunges as Erdogan sacks central bank boss Turkey's lira plunged 15% to near its all-time low after markets opened following President Tayyip Erdogan's shock weekend decision to sack the central bank governor and install a like-minded critic of high interest rates. Business • 22 Mar 21
Turkish lira plunges as Erdogan sacks central bank boss Turkey's lira plunged 15% to near its all-time low after markets opened following President Tayyip Erdogan's shock weekend decision to sack the central bank governor and install a like-minded critic of high interest rates. Business • 22 Mar 21
Turkish inflation surges to highest level in 15 years Turkish inflation surged 17.9% year-on-year in August, hitting its highest level in nearly a decade and a half and underscoring the volatile outlook for prices amid a worsening currency crisis. Business • 03 Sep 18
Turkish inflation surges to highest level in 15 years Turkish inflation surged 17.9% year-on-year in August, hitting its highest level in nearly a decade and a half and underscoring the volatile outlook for prices amid a worsening currency crisis. Business • 03 Sep 18
Turkey doubles tariffs on some US imports Turkey has doubled tariffs on some US imports, such as passenger cars, alcohol and tobacco, in what its vice president said is a response to deliberate US attacks on the Turkish economy. Business • 15 Aug 18
Turkey doubles tariffs on some US imports Turkey has doubled tariffs on some US imports, such as passenger cars, alcohol and tobacco, in what its vice president said is a response to deliberate US attacks on the Turkish economy. Business • 15 Aug 18
Turkey's lira crisis: How bad can it get? The Turkish lira has experienced a massive slide in recent weeks and leaving many fearful of the impact on the country's economy and banking system Turkey • 13 Aug 18
Turkey's lira crisis: How bad can it get? The Turkish lira has experienced a massive slide in recent weeks and leaving many fearful of the impact on the country's economy and banking system Turkey • 13 Aug 18
Turkey's lira surges against euro after Erdogan victory Turkish markets surrendered early gains today as concerns over the direction of economic and monetary policy weighed on sentiment after President Tayyip Erdogan won the presidential election. Business • 25 Jun 18
Turkey's lira surges against euro after Erdogan victory Turkish markets surrendered early gains today as concerns over the direction of economic and monetary policy weighed on sentiment after President Tayyip Erdogan won the presidential election. Business • 25 Jun 18
Turkish central bank in massive rate increases Turkey's central bank increased all of its key interest rates in dramatic fashion at an emergency midnight policy meeting. Business • 29 Jan 14
Turkish central bank in massive rate increases Turkey's central bank increased all of its key interest rates in dramatic fashion at an emergency midnight policy meeting. Business • 29 Jan 14
Turkey seen yielding to rate rise pressure Turkey's central bank is expected to ignore political pressures and hike its lending rate to around 10% at an emergency meeting today. Business • 28 Jan 14
Turkey seen yielding to rate rise pressure Turkey's central bank is expected to ignore political pressures and hike its lending rate to around 10% at an emergency meeting today. Business • 28 Jan 14