The Turkish lira has finally stabilised as Erdogan promises action against 'economic terrorists'
Tuesday, 14 August 2018 **
· *The lira has stabilised on Tuesday morning after a dramatic decline over the last 9 days.*
· *Turkish President Erdogan has vowed action against "economic terrorists" and claimed the US is waging economic "war" against the country.*
· *The drop in the lira was sparked by US sanctions against Turkey, economic...
Turkish President Tayyip Erdogan accused “economic terrorists” of plotting to harm Turkey by spreading false reports. Reuters reported that on Monday he said they would face the full force of the law. Authorities have launched investigations of those suspected of involvement. This year the lira...
Turkey sharply cut its growth forecasts for this year and next on Thursday, but disappointed investors who had hoped for deeper reductions that reflected the fragile state of the economy and a plan to..
Turkey's central bank raised the interest rate from 17.75% to 24% on Thursday, beating market forecasts. Earlier in the day, Turkish President Erdogan stoked fears that the central bank's independence..
Turkish President Recep Erdogan on Thursday said interest rates are a "tool of exploitation" and called for low interest rates. The Turkish central bank makes an interest rate decision today. Analysts..