Edition:
United Kingdom

Behiye Selin Taner

Turkish lira firms nearly 1% against dollar after Turkey-U.S. deal on Syria

18 Oct 2019

ISTANBUL Turkey's lira firmed nearly 1% against the dollar on Friday, as the prospect of severe sanctions from the United States waned after Ankara agreed to a ceasefire in northern Syria, raising expectations of a rate cut by the central bank next week.

Trump's light sanctions are a relief for bruised Turkish lira

15 Oct 2019

ISTANBUL The Turkish lira gained on Tuesday after Washington imposed lighter-than-expected sanctions for Turkey's military incursion into Syria, providing some relief even while traders worried that heavier repercussions would follow.

Turkish lira slides, but doubt lingers over Trump sanction threats

14 Oct 2019

ISTANBUL The Turkish lira slid 0.8% on Monday in the face of U.S. and European threats of sanctions and embargoes, though skeptical traders said it would weaken much further if Western allies turned words into action over Turkey's incursion in Syria.

UPDATE 3-Turkish lira tumbles through key level as Syria push begins

09 Oct 2019

ISTANBUL, Oct 9 Turkey's lira slid 0.5% on Wednesday, breaking through what traders called a key support level of 5.85 against the dollar, after Turkey launched a military operation targeting Kurdish fighters in northeast Syrian.

UPDATE 3-Slowing Turkish inflation gives room for more rate cuts

03 Oct 2019

* President Erdogan been pushing for more monetary easing (Adds Albayrak comment, central bank data)

UPDATE 1-Turkish lira weakens ahead of possible deeper rate cut

12 Sep 2019

* Lira 8% weaker this year (Adds analyst comments, graphic, bonds, shares)

UPDATE 2-Turkish economy shrinks only 1.5% in quarter as recovery beckons

02 Sep 2019

ISTANBUL, Sept 2 The Turkish economy contracted less than expected in the second quarter, 1.5% year-on-year, as it looks to shake off the effects of a recession brought on by last year's currency crisis.

RPT-POLL-Turkish economy to contract in Q2, log zero growth this year

02 Sep 2019

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=TRGDPQ%3DECI for quarterly GDP poll data

Turkish economy to contract in second quarter, log zero growth this year: Reuters poll

29 Aug 2019

ISTANBUL/ANKARA Turkey's economy is expected to shrink in the second quarter, its third straight quarterly contraction as it grapples with the effects of recession, and a Reuters poll on Thursday also pointed to zero growth in 2019 as demand and investment slows.

Turkish lira weaker after Fed dampens hopes for more U.S. rate cuts

01 Aug 2019

ISTANBUL, Aug 1 Turkey's lira weakened on Thursday after the U.S. Federal Reserve cut interest rates by a quarter percentage point but also signalled that a long easing cycle was unlikely, which could check a recent rally in emerging market currencies.

World News