You Searched For "lira crisis" and got 20 results
Sort By:
1 min read
The Turkish lira is so insane now, even notoriously volatile cryptocurrencies are looking safe
The volume of cryptocurrency trading in Turkey has soared above one million per day amid the lira's…
Natasha Dailey
2 mins read
3 YouTubers were reportedly arrested in Turkey after posting interviews with people criticizing the country's financial crisis
The YouTubers interviewed people on the street about the impact of the country's financial crisis, …
Lindsay Dodgson
1 min read
Turkish president Erdoğan mocks the UK's pound and says the currency has 'blown up', even as the Turkish lira faces its own economic crisis
"They were bragging about the pound on how valuable they are against this and that," said Erdoğan. …
Huileng Tan
2 mins read
The Turkish lira is facing an inflation spiral and its central bank may need 'outside help' to fight the crisis and regain foreign investors' trust, Commerzbank says
The lira is in crisis, inflation is spiralling and Turkish monetary policy has lost all credibility…
Sophie Kiderlin
2 mins read
Rupee hits another all-time low, but India need not worry yet
All in all, trade tensions aren’t going to subside anytime soon putting the rupee under cont…
1 min read
Will Chinese smartphone manufacturers be able to absorb the rupee shock?
It’s no secret that Chinese smartphone manufacturers in India operate on thin margins, especially w…
2 mins read
Turkish lira crisis leads India to the largest rupee drop in 5 years
According to experts, the dip in the rupee happened primarily due to the Turkish lira falling ne…
2 mins read
These are the countries most at risk if Turkey's lira crash spirals into a debt crisis
"EM [emerging market] currencies (judged by the Bloomberg EM currency basket) are now at their lowe…
Business Insider
3 mins read
These are the countries most at risk if Turkey's lira crash spirals into a debt crisis
Turkey's foreign currency debts across businesses, banks, and the government are at 55% of GDP, acc…
Oscar Williams-Grut
3 mins read
'Clear risks of contagion': European markets drop as Turkey's lira crisis spreads around the world
Capital Economics warned in a note on Friday that Spain, Italy, and France are likely to be the wor…
Will Martin
5 mins read
Turkey's lira crisis may be down to Erdogan's fundamental misunderstanding of how 'evil' interest rates work
The problem for Turkey is that its economy has grown at a fast pace in recent years. This, generall…
Jim Edwards
2 mins read
The lira's crash 'looks certain to push the Turkish economy into recession and may well trigger a banking crisis'
Spain, however, has a particular problem. Kenningham writes: "Spanish banks' exposure to Turkey is …
Jim Edwards
2 mins read
Stocks rise as Turkish lira steadies
Stocks rose Tuesday as investors turned from a currency crisis in Turkey to solid economic data and…
Gina Heeb
2 mins read
Turkey is investigating JPMorgan after the bank advised clients to short the lira
Hysteria from Turkey's leader over the lira's value is nothing new. Banks regularly write market co…
Callum Burroughs
2 mins read
Turkey's lira is rallying after a $15 billion loan from Qatar
Tamim bin Hamad Al Thani, the Amir of Qatar, tweeted: "Today, in the framework of important negotia…
Oscar Williams-Grut
3 mins read
The Turkish lira is diving after Moody's warned the worst is yet to come for the country's banks
Issues in Turkey started in early August when the Trump administration placed a series of sanctions…
Will Martin
2 mins read
The Turkish lira is falling again - but stock market investors are returning to Turkey at their fastest rate in half a decade
Michael Hewson, the chief market analyst at CMC Markets UK, said in an email on Monday morning: "Fr…
Oscar Williams-Grut
3 mins read
Lebanon's devastating blast came in the middle of an unprecedented economic crisis, frequent power outages, and hospitals struggling to contain the coronavirus
Tuesday's explosion at the port in Beirut, the capital city, killed at least 100 people and injured…
Bill Bostock
3 mins read
Lebanon's financial crisis is spinning out of control as bread prices rise for the first time in 8 years and people fall deeper into poverty
Lebanon's financial crisis could leave 75% of the country in poverty, leaving many residents relyin…
Mark Abadi,Havovi Cooper,Jacq…
1 min read
Turkish Lira Hits Record Low After Controversial Cabinet Reshuffle
On Wednesday three top ministers whose sons have been caught up in police anti-corruption raids ann…