Summary:USD/TRY remains pinned near record highs as structural pressure on the Turkish lira persists Inflation, negative real yields, and policy credibility continue to cap any meaningful lira ...
Summary:Persistent inflation and negative real yields continue to cap the Turkish lira’s upside Policy divergence between ...
The Turkish lira tumbled to a record low against the U.S. dollar, while Turkey's benchmark index dropped up to 7% following the arrest of Istanbul Mayor Ekrem Imamoglu, a leading opposition figure and ...
The escalating row over Turkey’s detention of American pastor Andrew Brunson appeared to be the last straw, sending the lira into freefall in August. Brunson was arrested in October 2016 and accused ...