Op-ed review: Turkish crisis, Egyptās real estate tax
Several writers commented on real estate taxes, which government is aiming to collect soon
Latest in Tag: Lira Highlight
Latest in Tag: Lira
How far Turkey crisis could affect emerging markets including Egypt in long run?
Turkish fall appears to cause sentiment towards EMs more generally to deteriorate
Turkish lira firms on hopes US tapering continues only steadily
The Istanbul share index rose 1.25% to 62,553.32 points, outperforming the wider emerging markets index, which was up 0.39%.
Turkeyās central bank signals crisis rate rise
The bank also raised its outlook for inflation.
Turkey ramps up lira defence with central bank crisis meeting
The lira rallied slightly shortly after the announcement.
Lira drop is āre-pricingā due to politics, Fed taper: Turkey Deputy PM to Davos
The lira weakened beyond 2.33 to the dollar, meaning Turks now need more than twice as many lira to buy dollars as they did at the currencyās peak six years ago, a costly decline in a nation heavily dependent on imports.
Turkish Lira at record lows as no rate hike seen
The central bank released its survey of expectations of business leadersā and economists on Friday, which showed they see inflation accelerating, but market players worry even this will not trigger policy action from the central bank ahead of elections.
Turkey seeks way out of judicial crisis
Erdogan said he could freeze the legislation if the opposition instead agreed to consider judicial reforms as part of changes to the constitution, although his exact proposals are unclear.
Turkish Lira hovers near record low on graft probe
The market also awaited the central bank’s announcement of its 2014 monetary and exchange rate policy report on Tuesday, in which it will provide guidance after the Fed decision.
Turkish lira at record low, threatening growth
The lira touched 2.0839 to the dollar before climbing back to 2.0696, from 2.0580 at Wednesday’s close.