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Tag: LIRA

Erdogan’s economic crisis: Lira worth less than 5p versus pound as inflation nears 80%

Posted: July 19, 2022 at 10:19 am   /   World

TURKISH President Recep Tayyip Erdogan is facing a huge economic crisis with the lira worth less than 5p against the British pound as inflation nears an eye-watering 80 percent. Daily Express :: World Feed

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Turkey Lira in freefall as Erdogan’s desperate bid to contain crisis backfires badly

Posted: February 17, 2022 at 9:22 am   /   Business

TURKEY’S central bank has decided to leave interest rates unchanged as alternative attempts to stabilise the Lira and bring down soaring inflation struggle. Daily Express :: Finance Feed

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Turkey lira spikes against US dollar as Erdogan vows to retaliate against Trump sanctions

Posted: June 20, 2019 at 10:22 am   /   Business

TURKEY saw its lira spike against the US dollar today after President Recep Tayyip Erdogan threatened to retaliate if the United States launches sanctions over its planned purchase of a Russian missile system. Daily Express :: Finance Feed

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Turkey lira crisis: Erdogan ‘faces prolonged ECONOMIC SQUEEZE as lira heads lower’

Posted: April 20, 2019 at 10:23 pm   /   Business

TURKEY could be set for a “prolonged financial and economic squeeze” should the central bank fail to prop up the struggling lira in the face of looming political uncertainty, according to a markets economist. Daily Express :: Finance Feed

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Turkey lira CRISIS: New election could spark CHAOS for currency – market strategist

Posted: April 17, 2019 at 10:23 pm   /   Business

TURKEY could be plunged into a new currency crisis if President Recep Tayyip Erdogan is successful in launching a new election for the city of Istanbul, a market strategist has claimed. Daily Express :: Finance Feed

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Turkey lira PLUNGES against dollar as furious Erdogan calls for election RE-RUN

Posted: April 8, 2019 at 10:24 am   /   Business

TURKEY saw its lira plummet today on the back of comments from President Tayyip Erdogan calling for a re-run of the local elections. Daily Express :: Finance Feed

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Turkey election latest: Lira PLUNGES as TRY loses more ground against US dollar

Posted: March 30, 2019 at 10:22 am   /   Business

TURKEY has seen its lira weaken further against the US dollar amid a particularly volatile week for the currency ahead of elections this weekend. Daily Express :: Finance Feed

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Turkey lira REBOUNDS against US dollar as Erdogan issues WARNING to bankers

Posted: March 25, 2019 at 10:22 pm   /   Business

TURKEY saw its lira rebound today as it entered recovery mode after President Recep Tayyip Erdogan issued a warning to bankers. Daily Express :: Finance Feed

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Turkey lira crisis: TRY firms against US dollar as central bank holds interest rate

Posted: December 13, 2018 at 9:22 am   /   Business

TURKEY saw its lira firm against the US dollar today as the central bank held its benchmark interest rate after inflation eased from a 15-year peak. Daily Express :: Finance Feed

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India rupee and Turkey lira WEAKENED as oil prices SOAR off Saudi Arabia news

Posted: November 12, 2018 at 9:22 am   /   Business

THE INDIAN rupee and Turkish lira have been dented by a strong US dollar and rising oil prices, as net crude importers bear the brunt of rising costs. Daily Express :: Finance Feed

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