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ANKARA, Turkey | Turkish lira rebounds after Qatar pledges $15 billion

ANKARA, Turkey  — The Turkish lira is rebounding from record losses a day after Qatar pledged US$15 billion in investments to help Turkey’s economy. The currency strengthened some 3 percent against the dollar on Thursday, trading at around 5.75 per dollar, hours before Turkey’s treasury and finance minister were scheduled to reassure international investors about … Continue reading ANKARA, Turkey | Turkish lira rebounds after Qatar pledges $15 billion

ANKARA, Turkey | Turkey’s currency nosedives on economic concerns, US dispute

ANKARA, Turkey  — The Turkish currency has plunged to an all-time low amid concerns over the president’s economies policies and as a dispute with the United States showed no sign of subsiding. The lira hit a record low of 6.24 per dollar on Friday, before recovering to 5.94, down 7 percent on the day. The … Continue reading ANKARA, Turkey | Turkey’s currency nosedives on economic concerns, US dispute