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No lasting recovery in sight for lira unless CB frees itself from Erdoğan: FT

No lasting recovery in sight for lira unless CB frees itself from Erdoğan: FT

Investors and analysts have argued that there is little prospect of a lasting recovery for the lira unless Turkey’s central…
France’s Macron questions Britain’s credibility over fishing row

France’s Macron questions Britain’s credibility over fishing row

French President Emmanuel Macron on Friday escalated a post-Brexit row raging between Paris and London when he questioned Britain’s “credibility”…
$128 bln in missing forex reserves used to support Turks during pandemic: AKP MP

$128 bln in missing forex reserves used to support Turks during pandemic: AKP MP

A deputy from the ruling Justice and Development Party (AKP) has claimed that $128 billion in forex reserves that were…
Turkish lira slumps to record low after Erdoğan orders expulsions

Turkish lira slumps to record low after Erdoğan orders expulsions

The Turkish lira dropped to record lows on Monday after Turkish President Recep Tayyip Erdoğan at the weekend ordered the…
Tips to Attract Employers and Get Hired During the COVID-19 Pandemic

Tips to Attract Employers and Get Hired During the COVID-19 Pandemic

Losing your job during the pandemic puts you in a difficult situation. It is because as days pass, your savings…
Turkey’s economy contracted 11.8 pct in second quarter: report

Turkey’s economy contracted 11.8 pct in second quarter: report

Turkey’s economy contracted nearly 12 percent in the second quarter due to the coronavirus lockdown, a Reuters poll showed on…
Turkish manufacturers become more optimistic after near standstill: report

Turkish manufacturers become more optimistic after near standstill: report

Turkish manufacturers grew more optimistic and a measure of potential output rose this month as the economy continued to regain…
Erdoğan calls economy summit as lira hits new record low

Erdoğan calls economy summit as lira hits new record low

Turkish President Recep Tayyip Erdoğan called a meeting of the country’s top economy officials for this week as the lira…
Turkish bank bonds trading at distressed levels implies more risk: report

Turkish bank bonds trading at distressed levels implies more risk: report

The bonds of three Turkish lenders are trading at distressed levels, which shows the deteriorating opinion of investors on the…
Turkish lira slides again as funding costs edge higher

Turkish lira slides again as funding costs edge higher

Turkey’s lira weakened again on Monday after touching a record low last week, falling 0.8% against the dollar as the…
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