Markets

Turkey is dumping US debt

Turkey reduced its holdings of US debt by 12% between May and June. The sell-off came before the diplomatic spat between the US and Turkey. The news follows Russia’s sell-off of US Treasuries from $US96.1 billion in March to an eleven year low of $US14.9 billion in May. Turkey’s holdings […]
Turkey is dumping US debt
Markets

Turkey’s lira is rallying after a $15 billion loan from Qatar

Turkey’s lira crashed to an all-time low against the dollar on Monday, but has since been recovering. Qatar boosted the emerging market currency on Thursday with a $US15 billion loan. You can follow the lira live on Markets Insider. The Turkish lira continued to retreat from its historic low against […]
Turkey’s lira is rallying after a $15 billion loan from Qatar
Markets

Turkey’s lira is rallying after a $15 billion loan from Qatar

Turkey’s lira crashed to an all-time low against the dollar on Monday, but has since been recovering. Qatar boosted the emerging market currency on Thursday with a $US15 billion loan. You can follow the lira live on Markets Insider. The Turkish lira continued to retreat from its historic low against […]
Turkey’s lira is rallying after a $15 billion loan from Qatar
Markets

The Turkish lira jumps after Erdogan’s election victory

The Turkish lira climbed 3% against the dollar on Monday but has now stabalised, following the re-election of Recep Tayyip Erdogan as President of Turkey, arresting its sharp decline in recent months. Erdogan won Sunday’s elections with a 52.5% majority, as reported the state-run Anadolu Agency. Some commentators expect increased […]
The Turkish lira jumps after Erdogan’s election victory
Markets

The Turkish lira is climbing ahead of Sunday’s snap elections

The Turkish lira was up more than 1% on Friday. That’s ahead of a historic presidential election this weekend. Follow the Turkish lira in real time here. The lira rose Friday ahead of Turkey’s historic snap elections this weekend, which will also mark the country’s shift from a parliamentary system […]
The Turkish lira is climbing ahead of Sunday’s snap elections
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