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Lira Dips After Turkey Opposition Parties Sweep Local Elections

Lira Dips After Turkey Opposition Parties Sweep Local Elections
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Lira Dips After Opposition Sweeps Turkey's Local Elections

(Bloomberg) Turkey’s lira weakened after President Recep Tayyip Erdogan’s ruling party suffered a shock defeat at local elections on Sunday, with control of many of Turkey’s cities, including Istanbul and Ankara, going to the opposition. Most Read from BloombergErdogan Suffers Historic Loss in Turkey Municipal ElectionsUS Oil Suppliers Muscling Into OPEC+ Markets All Over the WorldChina Factory Activity Expands for First Time in Six MonthsBridgewater CEO's Turnaround Hinges on Wooing Restless ....

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Analysis-Investors cautiously welcome Nigeria's big rate hike By Reuters

Analysis-Investors cautiously welcome Nigeria's big rate hike By Reuters
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Analysis-Investors cautiously welcome Nigeria's big rate hike | WSAU News/Talk 550 AM · 99.9 FM

By Rachel Savage and Libby George JOHANNESBURG/LONDON (Reuters) - Investors cautiously welcomed Nigeria's long-awaited interest rate hike, but warned that the central bank must tighten monetary policy more in order to attract investment and tame so. ....

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