#Turkishliraplunges#

--------------------------------------------------------------- PAANDA I PORTFOLIO, [17/12/2021 15:53] --------------------------------------------------------------- BUY TURKYA Lyxor MSCI Turkey UCITS ETF LU1900067601 25 @18.32 (EUR) --------------------------------------------------------------- P

LONDON (Reuters) - Investors sold $29.2 million from Turkish lira-denominated bond funds in the week ended March 24, the biggest weekly net selling this year amid market turmoil sparked by central bank governor Naci Agbal’s exit. A total of $26.2 million was also pulled from equity funds invested in

LONDON, March 26 (Reuters) - Foreign funds have reported about $3.4 billion in Turkish stock and sovereign dollar bond holdings so far this year, much of which could be loss-making after the sudden firing of central bank governor Naci Agbal rocked local markets. Agbal was ousted by President Tayyip

For the Turkish lira, the story of strengthening is over. Economists at Danske Bank see the USD/TRY pair at the 8.00-8.50 range in three months. Key quotes “USD/TRY to move higher as pricing of a regime shift has faded.” “TRY weakened 10 % after president Erdogan fired the central bank governor Naci

* South African central bank expected to hold rates steady * MSCI emerging market currency index slips to two-week low * Developing world stocks hit lowest level so far in 2021 * Turkey’s weekly forex reserves data due later in the day March 25 (Reuters) - The South African rand firmed on Thursday a

Lira In the forex market, traders are still keeping an eye on the Turkish Lira as the new Governor has vowed to stick to the single interest rate framework. The new Governor of the Central Bank has said that he has intentions to resume the monetary policy's continuity. He is going to keep tabs on th

After the sudden Turkish central bank upheaval last week, Moody’s Investors Service offered its credit review of the embattled country’s banking sector. USD/TRY: Difficult for Turkey to avoid another currency crisis – Societe Generale Key quotes “Turkish central bank governor removal credit negative

LONDON, March 23 (Reuters) - Interest rates on overnight swaps for Turkey’s lira spiked to 1,400% on Tuesday, Refinitiv data showed, hitting their highest in at least a decade days after a central bank leadership overhaul. President Tayyip Erdogan abruptly fired his hawkish central bank governor at

* President replaced governor with critic of high interest rates * Financial markets tumbled in response to the move * Opposition parties hold Erdogan responsible for economic woes ANKARA, March 23 (Reuters) - Opposition parties say Turkey is paying a steep price for President Tayyip Erdogan’s waywa

* Lira rises 1% after crashing to near record low * Russian rouble leads declines as sanctions loom * South African rand eases with eyes on U.S. Fed testimony * Hungarian forint muted ahead of central bank meeting March 23 (Reuters) - The Turkish lira found a floor on Tuesday after a historic 7.5% s

Jerome Powell stressed that the Fed would maintain support for the economy. Pool/Getty Images Futures for the tech-heavy Nasdaq 100 climbed as bond yields slipped.Jerome Powell reiterated that the Fed will support the economy "for as long as it takes."The Turkish lira plunged after the President sac

A foreign exchange office in Istanbul, Turkey. NurPhoto/Getty Images Turkish President Recep Tayyip Erdogan fired the head of the central bank after he raised interest rates last week. The lira fell by as much as 14% against the dollar as foreign investors fled Turkish assets The government says it

* Real snaps 3-day winning run * Peso headed for third day of falls * Brazil interest rate outlook shoots up (Adds comments, updates prices throughout) By Sruthi Shankar and Shreyashi Sanyal March 22 (Reuters) - Mexico's peso fell and Brazil's real broke a three-day winning run on Monday, showing th