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Turkish lira rebounds from historic low amid criticism of Erdogan's policies - Vimarsana News

Turkish lira rebounds from historic low amid criticism of Erdogan's policies

As Turkey suffers economic decline, concerns linger over the government's anti-dollarization policy, which could continue to increase inflation

 - Vimarsana News

ISTANBUL (Reuters) -- Turkey's lira rallied further on Thursday and was on track for its best week in two decades, boosted by a governm

Source: nikkei.com
UPDATE 1-Turkey working to ease banks' capital strains amid lira crash - sources - Vimarsana News

UPDATE 1-Turkey working to ease banks' capital strains amid lira crash - sources

Turkey's authorities are working on possible relief measures for banks caught between a currency crash and existing capital requirements, including a potential capital injection for state banks, according to three sources familiar with discussions.

Exclusive-Turkey's state banks likely to follow central bank and slash rates on Monday -sources - Vimarsana News

Exclusive-Turkey's state banks likely to follow central bank and slash rates on Monday -sources

ISTANBUL -Turkey's state banks are expected to cut borrowing costs on loans by around 200 basis points on Monday, according to three people with knowledge of the plan, following last week's...

Turkish state banks follow central bank lead and slash rates - Vimarsana News

Turkish state banks follow central bank lead and slash rates

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Source: zawya.com
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