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Allianz Global Investors is sticking with its bet on Turkey’s longest-maturity local debt, making it an outlier among foreign ...
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So, how low can the Turkish lira crash get this year? The Turkish lira will be the top emerging market currency to watch this week as the central bank concludes its one-day monetary policy meeting.
All business deals inside the country should be conducted in lira, President Tayyip Erdogan said, adding that nobody apart from exporters and importers should cross paths with foreign currency.
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
Turkey is planning to increase the tax on lira deposits and money market funds in coming days, as it seeks to narrow a budget deficit estimated at around 5% of GDP for last year. The extent of the ...
Rowe Price Group Inc. fund managers cite the Turkish lira as a top emerging-market currency bet for 2025, as the central bank is seen charting a steady course. Turkey’s once infamously volatile ...