Edition:
India

Nevzat Devranoglu

RPT-POLL-Turkey central bank to cut rates a modest 50-pts to 8.25%

21 May 2020

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=TRINTQP poll data

POLL-Turkey central bank to cut rates a modest 50-pts to 8.25%

18 May 2020

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=TRINTQP poll data

UPDATE 1-Turkey burning through reserves much faster than in 2019 -bankers

29 Apr 2020

ANKARA, April 29 Turkey's state banks have sold at least $32 billion worth of hard currency so far this year to support the lira, already matching the value of their market interventions in all of last year, bankers' calculations based on central bank data showed.

Turkey burning through reserves much faster than in 2019 -bankers

29 Apr 2020

ANKARA, April 29 Turkey's state banks have sold at least $32 billion worth of hard currency so far this year to support the lira, already matching the value of their market interventions in all of last year, bankers' calculations based on central bank data showed.

Rate-slashing Turkey set to keep blazing trail among EMs

30 Mar 2020

ANKARA, March 30 Turkey is set to keep cutting interest rates to limit the economic impact of a surge in coronavirus cases at home and abroad, leading a monetary easing charge among emerging markets (EMs), comments from central bankers and a top ratings agency show.

Turkey could impose stay-at-home order if coronavirus outbreak worsens

27 Mar 2020

ANKARA Turkey could order the public to stay at home if coronavirus infections continue to spread, the government said on Thursday as it clamped down further on medical equipment leaving the country.

UPDATE 4-Turkish lira down 10% since start of year as slump fears grow

23 Mar 2020

ISTANBUL, March 23 The Turkish lira slipped 0.8% on Monday to its lowest level since September 2018, as a surge in domestic coronavirus cases set the stage for a potentially sharp economic slowdown spanning tourism, manufacturing and the vast services sector.

Erdogan advises Turks to stay home, acts to boost economy against coronavirus

19 Mar 2020

ANKARA President Tayyip Erdogan advised Turks on Wednesday not to leave home unless necessary for three weeks and to minimise social contact until the threat of the coronavirus recedes, but he did not tell them to stay away from work.

Erdogan sees opportunities if Turkey contains coronavirus

18 Mar 2020

ANKARA, March 18 President Tayyip Erdogan said on Wednesday the coronavirus was hitting Turkey just as it was recovering from a 2018 lira crisis but that there would be big opportunities if it could bring the outbreak under control in the coming weeks.

UPDATE 1-Turkish lira firms slightly after Syria ceasefire begins

06 Mar 2020

ANKARA/ISTANBUL, March 6 The Turkish lira strengthened a bit against the dollar on Friday after a ceasefire deal agreed by Turkey and Russia for northwest Syria's Idlib region went into effect, raising prospects that Ankara's geopolitical tensions would ease.

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