Dealers might be nearing their capacity for Turkish lira options-based carry trades, as liquidity pressures, market risk and ...

(Bloomberg) -- Turkey’s central bank extended its interest-rate pause for a third month as it tries to keep the lira stable just before a presidential runoff in which incumbent Recep Tayyip Erdogan is ...

(Bloomberg) -- Turkey’s central bank is moving in full force to defend the lira ahead of the runoff presidential election in less than two weeks. A relentless stream of new regulations aims to deter ...

Turkish Central Bank says work still underway in bringing technological, legal, and economic framework for digital currency, ...

Türkiye's central bank on Monday said it had made progress on programmable payments and offline payment capabilities as part of the second phase ...

Foreign investors will steer clear of Turkish lira bonds until inflation reverses course and decelerates, according to Europe’s biggest asset manager, a distant prospect that suggests inflows likely ...

The cost of borrowing Turkish liras overnight in the offshore market jumped on Thursday before a long weekend as traders exited so-called carry positions amid a steady decline in the currency. The ...

2021 was a rough year for the people of Turkey, as the country experienced rapid devaluation of its currency, the lira. Things haven’t improved in 2022 as the lira has suffered since Russia invaded ...

Turkey's lira has lost nearly a quarter of its value this year as soaring inflation and the central bank's reluctance to raise interest rates stoke fears of another currency crisis. By Karin ...

Turkey’s lira hit a record low and its stock market tumbled on Monday after a major earthquake killed more than 2,900 people and wounded fifteen thousand others in the country, piling on further ...

Turkish stocks and the lira fell Tuesday in the wake of a deadly 7.8 earthquake on Monday. Turkey's President Erdogan declared a state of emergency in areas hard hit by the natural disaster. Sharp ...