January 30, 2023
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Homelira

lira

Turkey Latest News

Turkey’s Central Bank lowers benchmark interest rate to 16.5%

September 12, 2019 MEO Staff

The Central Bank of the Republic of Turkey (CBRT) on Thursday lowered its benchmark interest rate — the one week repo rate — by 325 basis points to 16.50% from 19.75%. Following the rate cut, [ More … ]

Turkey Latest News

Turkish economy to create, capitalize on opportunities in times of global turbulence

February 9, 2019 MEO Staff

Acquiring experience with measures taken against the market turmoil in summer of 2018, the Turkish economy is now looking to turn imminent global risks into advantages As the global and regional economies get increasingly exposed [ More … ]

Turkey Latest News

Smart Time to Invest in Turkey: US Financial Expert

September 6, 2018 MEO Staff

Investment guru Rogers: US rift with Turkey ‘madness,’ time to invest in Turkish assets The United State’s rift with its NATO ally Turkey is “madness” and smart people are currently investing in Turkish assets, Jim [ More … ]

Column

The Trump effect and Turkey’s rapprochement with Europe

August 24, 2018 MEO Staff

BY: Burhanettin Duran The Trump administration’s policy of economic selfishness doesn’t just make the U.S. look like a vulgar and isolated superpower, but at the same time encourages the world’s leading economies to work more [ More … ]

Column

Lessons to learn from the economic war on Turkey

August 22, 2018 MEO Staff

BY: Erdal Tanas Karagöl The Gezi Park events, the Dec. 17-25 judicial coup in 2013, the July 15 coup attempt in 2016 and the latest attack on the economy through the exchange rate, which Turkey [ More … ]

Qatar Latest News

Turkish lira rebounds after Qatar pledges $15 billion

August 16, 2018 MEO Staff

The Turkish lira is rebounding after Qatar pledged US$15 billion in investments to help Turkey’s economy The currency strengthened some 3 percent against the dollar on Aug. 16, trading at around 5.75 per dollar, hours [ More … ]

Iran Latest News

Germany, Italy oppose US move against Turkey, Iran

August 14, 2018 MEO Staff

German Economy Minister Peter Altmaier has sharply criticized U.S. President Donald Trump’s tariffs and sanctions policies, saying such measures were destroying jobs and growth and that Europe would not bow to U.S. pressure regarding Iran. [ More … ]

Turkey Latest News

Amid Turkish lira advance on dollar, how could the coming referendum affect economy?

March 27, 2017 Ahmed Rashed

Dollar to Turkish lira rate slips in line with US dollar weakness in almost all major currencies and emerging markets. However, investors just want Turkey’s 16 April referendum done with and think of how markets are most [ More … ]

Turkey Latest News

Turkish central bank to launch forex depot market

January 18, 2017 Ahmed Rashed

Turkish central bank has announced to open foreign exchange depot market to enhance flexibility and instrument diversity Turkey’s Central Bank has decided to open Foreign Exchange Deposits against Turkish Lira Deposits market to increase flexibility [ More … ]

Turkey Latest News

Turkey can handle lira volatility, economists say

January 13, 2017 Ahmed Rashed

USD/lira exchange rate down to 3.81 amid central bank move to cancel 1-week repo auction, after hitting 3.94 on Wednesday Turkey can handle the recent volatility in its local currency, marked by record lows against [ More … ]

Column

Reinforcing the front before the demons spread into the world

December 11, 2016 MEO Staff

By: İbrahim Karagül* The thing Turkey has been discussing over the dollar, the mobilization it has been carrying on through the national economy discourse, the joint solidarity it has been trying to form with economy [ More … ]

Turkey Latest News

Turkey: Lira rebounds against dollar, sinking below 3 lira

August 10, 2016 MEO Staff

-Turkish lira regains losses after July 15 defeated coup, sinks below 3 to the dollar – The Turkish lira rebounded Wednesday morning, reaching below 3 per dollar following talks between Russian President Vladimir Putin and Turkish [ More … ]

Turkey Latest News

Lira Soars against US Dollar after Thwarted Coup Attempt

July 18, 2016 MEO Staff

Turkish Lira rises 2.49 percent against US dollar following statements from Central Bank and Deputy PM Mehmet Simsek The Turkish lira soared nearly 2.50 percent against the U.S. dollar in the early hours of Monday [ More … ]

Latest

Israel reportedly carried out drone strikes on an Iranian factory

Iran Latest News
January 29, 2023

‘To save Egypt’s economy, get the army out of it’: The Economist

Egypt Latest News
January 28, 2023

Egypt: Independent organizations submit a new human rights report to the UN

Egypt Latest News
January 27, 2023

West Bank: Israel kills nine Palestinians in a new ‘massacre’ in Jenin

Israel Latest News
January 26, 2023

Egypt: ‘Inflation is so high that eggs are a luxury’, says NYT

Egypt Latest News
January 25, 2023
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