Turkey's annual inflation passes 80% after interest rate cutIndependent experts say inflation is much higher than official statistics. The Inflation Research Group put the annual rate at 181%. The ce...
05 Sep, 2022, 02.10 PM IST
Turkey's inflation surges to 20-year high of 70% in AprilTurkey's annual inflation jumped to 69.97% in April, according to data on Thursday, above forecast and at a two-decade high, fuelled by the...
05 May, 2022, 12.50 PM IST
Turkish inflation hits fresh record at 61.1 percentExacerbating a cost of living crisis, consumer prices accelerated to 61.14 percent at an annual rate, up from 54.4 percent in February, acc...
04 Apr, 2022, 02.29 PM IST
Turkish lira declines to weakest since December over Ukraine concernsThe lira lost around 1.3% to stand at 14.6505 against the dollar by 0844 GMT, its weakest since Dec. 20, when the government announced a pl...
09 Mar, 2022, 03.04 PM IST
Turkish lira plummets to new low ahead another expected rate cutThe sudden slide left the currency with half the value that it had at the end of last year, fuelling inflation in a big emerging market eco...
13 Dec, 2021, 01.47 PM IST
SGX Nifty down 60 points; here's what changed for market while you were sleepingAsian markets were holding their nerve on Monday as a plunge in the Turkish lira tested risk appetite, with stocks and bonds showing only a...
22 Mar, 2021, 08.04 AM IST
Asia stocks mostly steady after initial wobbleInvestors are still struggling to deal with the recent surge in U.S. bond yields, which has left equity valuations for some sectors, partic...
22 Mar, 2021, 07.27 AM IST
In 2018, EMs hiked rates to arrest currency slideThe Argentine Peso and the Turkish Lira are two worst performing currencies.
06 Oct, 2018, 11.19 AM IST
Turkey central bank raises benchmark rate to 24%; lira ralliesAgreements that are priced in or indexed to foreign currencies to be amended in 30 days
14 Sep, 2018, 08.03 AM IST
Turkish lira hits new high amid rate hike talkIt seems expectations are building that they will hike significantly tomorrow
13 Sep, 2018, 10.52 AM IST
Rupee hits new all-time low, slips to 70.30 against US dollarThe currency on Tuesday breached the 70 level before recovering a mild 4 paise to settle at 69.94.
16 Aug, 2018, 04.07 PM IST
Lira crisis hits this Indian firm real hard; analysts see an opportunityTurkish operations contribute 7.5 per cent to Redington India’s FY18 revenues.
16 Aug, 2018, 12.49 PM IST
Turkey could be heading into balance-of-payments crisis: UBSAs preventable crises go, Turkey’s current episode is tough to eclipse
16 Aug, 2018, 11.28 AM IST
Chinese stocks, too, caught in crisis for emerging marketsShares in China are now hovering just above 2018 lows, and have lost more than 23 per cent this year.
16 Aug, 2018, 10.34 AM IST
Rupee nosedives Rs 1.09 to lifetime low of 69.93This year, rupee has been among the weakest currencies amongst the Asian peers, and is down by over 7 per cent on year-to-date basis.
13 Aug, 2018, 05.24 PM IST
Lira extends slide as Erdogan says Turkey in an economic warThe lira tumbled as much as 11 percent against the dollar in thin trading in Asia.
13 Aug, 2018, 01.36 PM IST
Rupee falls 15 paise against dollar amid global currency turmoilThe Indian currency hit a fresh 3-week low in early trade before regaining some lost ground.
10 Aug, 2018, 09.06 PM IST