Turkey central bank stuns markets with huge rate hike Turkey's central bank today surprised markets with a bigger than expected rate hike to battle soaring inflation and boost the lira, prompting the embattled currency … Business • 13 Sep 18
Turkish lira firms before minister's presentation The Turkish lira has strengthened more than 3% today, ahead of a presentation by Finance Minister Berat Albayrak to investors, shrugging off US comments ruling … Business • 16 Aug 18
Dollar hits another 13-month peak over Turkey concerns The dollar has hit another 13-month high against a basket of major currencies today, as safe-haven demand over fears of fallout from the Turkish lira's … Business • 15 Aug 18
Turkish lira edges up from record low The Turkish has lira pulled back from yesterday's record low this morning, helped by the country's central bank's liquidity measures and news of a planned … Business • 14 Aug 18
Turkish currency crisis drives world markets lower World markets have shuddered today, as Turkey's worsening currency crisis persuades investors to dump equities and emerging markets and flee to safer assets such as … Business • 13 Aug 18
Erdogan accuses US of trying to stab Turkey in the back Turkish President Recep Tayyip Erdogan accused the United States of seeking to stab Turkey "in the back" over a diplomatic row sparked by the detention … Turkey • 13 Aug 18