TURKISH LIRA TOWARDS THE ALL-TIME LOW

Highlights:

• The Turkish currency is under pressure amid the rising inflation, mounting unemployment, and slow growth.
• US dollar surged by more than 1.5% against the lira.
• Turkish lira will continue to weaken and it will further result in th...

CURRENCIES ARE FACING LOSSES UP TO 30%

Highlights:

• The Russian Ruble, Chile peso will experience a fall if the stocks decline further.
• The Chinese currency has proved to be the most resilient.
• Emerging-market currencies will face sell-downs of up to 30% if the coronavirus outbre...

How Erdogan’s Attempts to Stabilize Lira Have Backfired?

What was once the most lucrative foreign investment market in the Middle East, Turkey, has now started to feel the dramatic effects of depreciation of its currency, Lira and the rapid disinvestment by foreign investors in the past two years.

The Turkish currency Lira, has depreciated al...

FRESH CURRENCY THREATENS TURKEY

Highlights:

• The dollar is threatening Turkish currency lira to weaken further.
• Turkey’s government to take effective steps to keep exchange rates under control.
• BDDK announced new limits to foreign exchange transactions.

Will Turkey get along with Syria?

With the latest round of conflict erupting on the Turkey-Syria border, the USA has called on Turkey to halt all its acts of aggression in Syria with immediate effect. Recep Tayyip Erdogan, the president of Turkey, spoke to Donald Trump over a call on Sunday. However, Trump still went ahead with t...