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Turkish Lira at New Record Lows After US Slaps Sanctions on Turkey

The Turkish lira slumped to the new all-time low today after the United States slapped sanctions on Turkey, its NATO ally, over detention of a US pastor.

Turkish Lira Declines After Central Bank Upgrades Inflation Forecast

The Turkish lira fell today after Turkey’s central bank revised its inflation forecast up. The currency declined even as the bank signaled about possibility of an interest rate hike.

Turkish Lira Tumbles After Central Bank Refrains from Interest Rate Hike

The Turkish lira slumped today after the nation’s central bank surprised and disappointed market participants, refraining from increasing interest rates.

Turkish Lira Rallies After Erdogan’s Victory in Presidential Election

The Turkish lira rallied today after victory of Recep Tayyip Erdogan in the presidential election.

Turkish Lira Surges After Interest Rate Hike

The Turkish lira jumped sharply today after the Turkish central bank performed an emergency interest rate hike following data that showed accelerating inflation.

Turkish Lira Continues to Slide Despite Central Bank’s Efforts

The Turkish lira continued to slide today despite efforts from the nation’s central bank to stem the currency’s depreciation.

Turkish Lira Crashes to Record Low

The Turkish lira crashed today, sinking 5% to the record low before recovering a bit. The currency still trades far below the opening level.

Lira Slumps amid Tensions Between USA & Turkey

The Turkish lira slumped against the US dollar as relationships between the United States and Turkey deteriorated after the arrest of a US consulate worker.

Turkish Lira Stable After Central Banks Maintains Tight Policy

The Turkish lira was stable against the US dollar after Turkey’s central bank decided at today’s meeting to keep interest rates unchanged.

Turkish Lira Weakens amid Complicated Environment

The Turkish lira fell against the US dollar today as complicated environment makes it hard for the central bank to support the currency.

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