Tag: lira
Turkish entrepreneurs hope for higher interest rates
Status: 06/22/2023 07:31 a.m For years, Turkish President Erdogan stuck to his controversial interest rate policy – despite the economic crisis and extreme inflation. Experts are now expecting a drastic…
What does Türkiye’s new central bank governor stand for?
portrait Status: 09.06.2023 7:00 p.m President Erdogan has appointed the young, internationally experienced financial expert Hafize Gaye Erkan as the new head of the Turkish central bank. Does that mean…
Erdogan makes US financial expert Erkan the new head of the central bank
Status: 09.06.2023 09:47 a.m Turkey has a new head of the central bank. Erdogan relies on the experienced US financial expert Hafize Gaye Erkan. In the midst of an economic…
The Turkish lira is experiencing its sharpest slump since 2021
Status: 07.06.2023 3:58 p.m The downward slide of the Turkish lira continues. Turkish President Erdogan has just appointed a new finance minister. Simsek announced a more conventional economic policy. The…
Doubts about lower Turkish inflation
Status: 05.06.2023 3:03 p.m Inflation in Turkey is said to be below 40 percent. However, experts doubt the official figures, and some are now placing great hopes in the new…
Türkiye: Lira falls to record low after Erdogan wins runoff election
Status: 05/29/2023 12:23 p.m After the re-election of Turkish President Erdogan, the lira plummeted again. The local currency fell to an all-time low against the US dollar. Recep Tayyip Erdogan’s…
Turkish lira at record low shortly before run-off election
Status: 05/26/2023 2:06 p.m The lira hits a low just two days before the runoff election in Turkey. The fall in the national currency reflects expectations for President Erdogan and…
How severe is Türkiye’s economic crisis?
analysis Status: 05/15/2023 1:57 p.m Resentment about the economic crisis could decide the outcome of the elections in Turkey. High inflation and a weak currency are burdening the population, and…
Financial markets disappointed after election in Turkey
Status: 05/15/2023 4:46 p.m Turkish stocks post significant losses after Turkey’s election. Analysts expect the lira to weaken further. Markets had been hoping for an opposition victory. While many people…
Market report: DAX experts are becoming skeptical | tagesschau.de
market report Status: 05/15/2023 09:55 a.m Even if the DAX recorded slight price gains at the start of trading: Clear buying impulses were needed to jump above the 16,000 point…