Page 2 - Turkish Lira

Turkish Lira sinks after Tayyip Erdogan fires central bank chief

Naci Agbal replaced in late-night decree after raising rates

Turkish lira slums toward record low on central bank woes, yen gains

The Turkish lira slumped toward a record low versus the dollar after President Erdogan stunned investors over the weekend by replacing the hawkish central bank governor with a critic of high rates

Turkey hikes minimum wage by 22%, far short of demands by labour

The monthly net minimum wage will be 2,826 liras ($377), Labor Minister Zehra Zumrut Selcuk said in Ankara on Monday

Turkey President Erdogan ousts central bank governor as lira slides: Report

Turkey's Erdogan fired central bank governor Murat Uysal and replaced him with ex-finance minister Naci Agbal, acting after a 30% plunge in the lira currency's value to record lows this year

Turkish lira drops to record low after Erdogan dares US to slap sanctions

NATO has said that the Russian system poses a threat to the military alliance and particularly endangers the technical secrets of the F-35

US poised to impose sanctions on Turkey as Syria incursion escalates

The Trump administration leaving open the option of penalties aimed at military transactions, arms exports and energy shipments to the Turkish military

Japanese investors set aside host of concerns, chase 15% yields to Turkey

Japan's retail investors are among those confronting the challenge of negative interest rates that has spread across the globe

Turkish lira pulls back from record low of 7.24, rattles global markets

The lira, which hit a record low of 7.24 against the dollar in Asian trading, pared losses after Albayrak's comments