M&M exits foundry business in Turkey, sells stake to Hisarlar-led consortiumMahindra & Mahindra has announced the divestiture of its interest in Erkunt Foundry, handing over control to a consortium spearheaded by Hi...
10 Apr, 2026, 06.37 PM IST
Turkey becomes world’s biggest gold seller, sells 58 tons in 14 days — $8 billion move raises big questionsTurkey sold a large amount of gold in just two weeks, surprising global markets. The move came as the country tried to support its currency...
29 Mar, 2026, 06.02 PM IST
Turkey's market authority fines 19 people 2 bln lira over Peker REIT tradesTurkey's Capital Markets Board imposed fines totalling around 2 billion lira ($47 million) on 19 people for market-disruptive transactions...
26 Dec, 2025, 04.53 PM IST
Jubilant FoodWorks shares in focus after Turkish Lira depreciation raises financial concernsJubilant FoodWorks faces financial risks as the Turkish Lira depreciates sharply. CLSA warns that a 5% decline could reduce the company’s F...
20 Mar, 2025, 09.16 AM IST
Turkey's lira weakens to fresh record low against dollarThe Turkish lira slipped to a new record low against the dollar early on Monday, touching a level of 23.77 as investors waited for indicati...
12 Jun, 2023, 10.24 AM IST
Turkish lira hits new dollar low after electionThe currency, which was propped up by the central bank before the presidential election, fell five percent to 22.77 lira per dollar at arou...
07 Jun, 2023, 02.44 PM IST
Turkey caught in a spiral of lira crisesNo stranger to booms and busts as well as sharp swings in its currency, Turkey has long been considered among the riskier emerging markets,...
10 Jun, 2022, 01.32 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 starts weaker after worst year in two decadesThe lira was by far the worst performer in emerging markets in 2021, as well as in the last few years and lost 44% of its value against the...
03 Jan, 2022, 11.53 AM 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
Turkish lira plunges after Erdogan sacks hawkish central bank chief"The lira is being smashed by investors fearing that the custodian of its value does not share their hopes for a stable currency underpinne...
22 Mar, 2021, 08.23 AM IST
Turkish lira in deep trouble after another crashWith volatility in FX, stocks and commodities soaring, EM FX is best avoided.
03 Jan, 2019, 03.00 PM 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
Turkey’s rating cut deeper into junkThe weakening of the lira is putting pressure on the indebted corporate sector
20 Aug, 2018, 10.38 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
- IPO values Turk Telekom at up to $13 billion
A price range of 3.90 to 4.70 lira has been set for an initial public offering of Turk Telekom, valuing the operator at up to 16.45 billion...
27 Apr, 2008, 04.38 PM IST