Edition:
United Kingdom

Nevzat Devranoglu

Turkey asks local banks to buy its bonds; lenders want 10-year paper -sources

28 May 2019

ANKARA, May 28 Turkey's Treasury has told the country's top banks it expects them to buy more lira-denominated bonds, prompting bankers to ask the government to issue more longer-term debt, two bankers told Reuters on Tuesday.

Turkey to reciprocate U.S. import tariff reductions this week: sources

21 May 2019

ANKARA Turkey's Trade Ministry will implement a reciprocal reduction in tariffs on U.S. imports this week, after the United States halved tariffs on Turkish steel imports, two Turkish sources said on Tuesday.

UPDATE 1-Turkey to reciprocate U.S. import tariff reductions this week -sources

21 May 2019

ANKARA, May 21 Turkey's Trade Ministry will implement a reciprocal reduction in tariffs on U.S. imports this week, after the United States halved tariffs on Turkish steel imports, two Turkish sources said on Tuesday.

UPDATE 2-Turkish lira weakens after cenbank repos resume, FX purchase move

21 May 2019

* Lira has lost 37 percent of value since end-2017 (Adds strategist comment, banking watchdog, repo held)

UPDATE 2-Turkey imposes settlement delay on FX purchases more than $100,000

20 May 2019

ANKARA, May 20 Turkey's BDDK banking watchdog on Monday imposed a settlement delay for FX purchases by individuals of more than $100,000, a move that could raise concerns about capital control in the country as it looks protect the value of its local currency.

UPDATE 2-Turkey raises forex sales tax in another lifeline for lira

15 May 2019

* Tax seen boosting government revenues by 1 bln to 4 bln lira

UPDATE 3-Lira slides as Turkey mulls tapping central bank reserves

13 May 2019

* Investors also worried over Istanbul election re-run (Updates numbers, adds details)

Turkish opposition confident of winning Istanbul poll re-run, lira sinks again

08 May 2019

ANKARA Turkey's main opposition party said on Tuesday its candidate for Istanbul mayor would again contest and win the post, after the election board ordered a re-run of the city election in a ruling that has spooked investors and drawn European criticism. | Video

UPDATE 1-Turkish central bank to set up lira-for-gold swap market

02 May 2019

ANKARA, May 2 Turkey's central bank will set up a lira-for-gold swap transaction market starting May 6 to help boost its sagging foreign reserves, bankers told Reuters on Thursday.

UPDATE 2-Lira weakens on renewed worries over Turkey's reserves

18 Apr 2019

ANKARA/ISTANBUL, April 18 The Turkish lira weakened as much as 2 percent on Thursday, wiping out gains from a day earlier, as concerns about the central bank's reserves resurfaced and raised questions about the country's ability to weather another market selloff.

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