lira

Analysis: Wary Turks aren’t buying Erdogan’s economic promise yet
Middle East

Analysis: Wary Turks aren’t buying Erdogan’s economic promise yet

ISTANBUL (Reuters) – Turkish President Tayyip Erdogan’s promise of a new economic era triggered a foreign-driven rally in the lira,…
Analysis: Shock Turkey leadership overhaul could mark pivot on economy
Middle East

Analysis: Shock Turkey leadership overhaul could mark pivot on economy

ISTANBUL (Reuters) – The shock departure of Turkey’s top two economic policymakers at the weekend sets the stage for an…
Turkish lira slides on trade war unease, hit by ‘flash crash’
Middle East

Turkish lira slides on trade war unease, hit by ‘flash crash’

ISTANBUL/ANKARA (Reuters) – The Turkish lira weakened more than 1% against the dollar on Monday, after briefly tumbling to 6.47…
Turkey’s economy to contract in 2019, limited growth ahead: Reuters Poll
Economy

Turkey’s economy to contract in 2019, limited growth ahead: Reuters Poll

ISTANBUL (Reuters) – Turkey’s economy is expected to contract in 2019 for the first time in a decade and to…
Turkish unemployment jumps to highest rate in nearly a decade
Middle East

Turkish unemployment jumps to highest rate in nearly a decade

ANKARA (Reuters) – Turkey’s unemployment rate surged to 14.7 percent in the December-February period, its highest level in nearly a…
Turkey says it will look elsewhere if U.S. won’t sell Patriots, F-35s
Middle East

Turkey says it will look elsewhere if U.S. won’t sell Patriots, F-35s

ANKARA (Reuters) – Turkey warned on Wednesday that it could buy jets and additional air defense systems from Russia if…
Lira wobbles as U.S. ties with Turkey fray
Middle East

Lira wobbles as U.S. ties with Turkey fray

ISTANBUL (Reuters) – Turkish President Tayyip Erdogan’s fiery anti-U.S. rhetoric helped spark a currency collapse in 2018 that plunged his…
Turkey’s economy grows 5.2 percent in second quarter, set to slow down
Middle East

Turkey’s economy grows 5.2 percent in second quarter, set to slow down

  ISTANBUL (Reuters) – The Turkish economy grew 5.2 percent year-on-year in the second quarter, data official showed on Monday,…
Turkish lira firms as markets reopen with eye on US row
Middle East

Turkish lira firms as markets reopen with eye on US row

ISTANBUL (Reuters) – The Turkish lira gained slightly against the dollar on Monday as markets reopened after last week’s holiday,…
Erdogan says commitment of all Turks needed to combat attacks on economy
Business

Erdogan says commitment of all Turks needed to combat attacks on economy

  The commitment and determination of Turks is the guarantee needed to combat attacks on Turkey’s economy, President Tayyip Erdogan…
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