#lira

7:06am, 28th August, 2018

Falling lira hits Syrian enclave backed by Turkey

In a part of northern Syria that Turkey's army helped rebels capture in 2016, the plunge in value of the Turkish lira has hit shopkeepers, medical charities and fighters paid in the currency hard.

Trump vows 'no concessions', Turkey's lira stays under pressure

6:55am, 21st August, 2018

World

Trump vows 'no concessions', Turkey's lira stays under pressure

The lira weakened against the dollar on Tuesday after U.S. President Donald Trump said he would give Turkey no concessions in return for the release of a detained American pastor, the latest salvo in a worsening rift between the NATO allies.

Turkey's lira weakens 4 percent, Trump says won't take pastor's detention 'sitting down'

4:11pm, 17th August, 2018

World

Turkey's lira weakens 4 percent, Trump says won't take pastor's detention 'sitting down'

Turkey's battered lira weakened 4 percent on Friday after a Turkish court rejected an American pastor's appeal for release, drawing a stiff rebuke from President Donald Trump, who said the United States would not take the detention "sitting...

Asian shares gain on U.S.-China trade talks, lira recovers

10:56pm, 16th August, 2018

Business

Asian shares gain on U.S.-China trade talks, lira recovers

Asian shares won a modest reprieve on Friday after China and the United States agreed to hold their first trade talks since June next week and as the Turkish lira extended gains from its record low earlier this week.

Turkey will emerge stronger from lira crisis despite row with U.S.: minister

2:49pm, 16th August, 2018

Business

Turkey will emerge stronger from lira crisis despite row with U.S.: minister

Finance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting its banks were healthy and signaling it could ride out a dispute with the United States.

Turkey will emerge stronger from lira crisis, finance minister tells investors

9:13am, 16th August, 2018

World

Turkey will emerge stronger from lira crisis, finance minister tells investors

Finance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting that the country's banks were healthy and strong.

Turkey doubles tariffs on some U.S. imports; lira rallies

2:25pm, 15th August, 2018

Business

Turkey doubles tariffs on some U.S. imports; lira rallies

Turkey doubled tariffs on some U.S. imports including alcohol, cars and tobacco on Wednesday in retaliation for U.S. moves, but the lira rallied further after the central bank's liquidity moves had the effect of supporting the currency.

Turkey doubles tariffs on some U.S. imports; Turkish lira rallies

3:18am, 15th August, 2018

World

Turkey doubles tariffs on some U.S. imports; Turkish lira rallies

Turkey doubled tariffs on some U.S. imports including cars, alcohol and tobacco on Wednesday in retaliation for U.S. moves, but the lira rallied a further six percent after a fresh move by banking authorities to underpin the currency.

Erdogan says Turkey will boycott U.S. electronics, lira steadies

1:53pm, 14th August, 2018

World

Erdogan says Turkey will boycott U.S. electronics, lira steadies

President Tayyip Erdogan said on Tuesday that Turkey would boycott electronic products from the United States, retaliating in a row with Washington that helped drive the lira to record lows.

Asia shares, euro under water as Turkish lira sinks

9:22pm, 12th August, 2018

Business

Asia shares, euro under water as Turkish lira sinks

Asia share markets skidded and the euro hit one-year lows on Monday as a renewed rout in the Turkish lira drove demand for safe harbors, including the U.S. dollar, Swiss franc and yen.

Turkey has action plan to ease market concerns, minister says, as lira plunges again

4:31pm, 12th August, 2018

World

Turkey has action plan to ease market concerns, minister says, as lira plunges again

Turkey has drafted an action plan and will start implementing it on Monday morning to ease investor concerns, Finance Minister Berat Albayrak said on Sunday, after the lira plunged to a fresh record low in early Asia Pacific trade.

Erdogan tells Turks to buy crumbling lira as Trump turns the screws

9:10pm, 10th August, 2018

World

Erdogan tells Turks to buy crumbling lira as Trump turns the screws

President Tayyip Erdogan told Turks on Friday to sell their gold and U.S. dollars to support the country's currency which plunged after U.S. President Donald Trump escalated a feud with NATO ally Turkey by doubling tariffs on metals imports.

Erdogan tells Turks to buy plunging lira as Trump turns the screws

1:56pm, 10th August, 2018

World

Erdogan tells Turks to buy plunging lira as Trump turns the screws

President Tayyip Erdogan told Turks on Friday to exchange their gold and dollars into lira, with the currency in free fall as President Donald Trump escalated a feud with Ankara by doubling tariffs on metals imports.

Erdogan tells Turks to buy free-falling lira as Trump doubles metals tariffs

9:48am, 10th August, 2018

World

Erdogan tells Turks to buy free-falling lira as Trump doubles metals tariffs

President Tayyip Erdogan told Turks on Friday to exchange gold and dollars into lira, with the country's currency in free fall after President Donald Trump turned the screws on Ankara by doubling tariffs on metals imports.

Erdogan tells Turks to buy plunging lira as Trump doubles metals tariffs

8:46am, 10th August, 2018

World

Erdogan tells Turks to buy plunging lira as Trump doubles metals tariffs

President Tayyip Erdogan told Turks on Friday to exchange gold and dollars into lira as the country's currency plunged as much as 14 percent on worries about his influence over monetary policy and worsening relations with the United States.

Asian shares down on trade anxiety; lira, rouble hit by economic worries

8:13pm, 9th August, 2018

Business

Asian shares down on trade anxiety; lira, rouble hit by economic worries

Asian stock markets fell on Friday amid heightened global trade tensions, while currency markets were whipsawed by a searing selloff in Russia's rouble after the United States slapped on new sanctions, and as economic worries sent the Turkish li...

Tariff fears hit car shares, lira back on the rack

4:30am, 24th May, 2018

Business

Tariff fears hit car shares, lira back on the rack

LONDON (Reuters) - World shares crept higher on Thursday as cars become the latest focus of U.S. protectionism worries, while Turkey's lira slumped back after a huge emergency interest rate hike failed to stem its problems.