Edition:
United States

Behiye Selin Taner

UPDATE 1-Turkish lira weakens ahead of possible deeper rate cut

Sep 12 2019

* Lira 8% weaker this year (Adds analyst comments, graphic, bonds, shares)

UPDATE 2-Turkish economy shrinks only 1.5% in quarter as recovery beckons

Sep 02 2019

ISTANBUL, Sept 2 The Turkish economy contracted less than expected in the second quarter, 1.5% year-on-year, as it looks to shake off the effects of a recession brought on by last year's currency crisis.

RPT-POLL-Turkish economy to contract in Q2, log zero growth this year

Sep 02 2019

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=TRGDPQ%3DECI for quarterly GDP poll data

Turkish economy to contract in second quarter, log zero growth this year: Reuters poll

Aug 29 2019

ISTANBUL/ANKARA Turkey's economy is expected to shrink in the second quarter, its third straight quarterly contraction as it grapples with the effects of recession, and a Reuters poll on Thursday also pointed to zero growth in 2019 as demand and investment slows.

Turkish lira weaker after Fed dampens hopes for more U.S. rate cuts

Aug 01 2019

ISTANBUL, Aug 1 Turkey's lira weakened on Thursday after the U.S. Federal Reserve cut interest rates by a quarter percentage point but also signalled that a long easing cycle was unlikely, which could check a recent rally in emerging market currencies.

UPDATE 2-Turkish central bank slashes rates below 20% in first shift since crisis

Jul 25 2019

* Lira strengthens after initial drop (Adds comments, lira update, historical context)

Turkey central bank seen making deeper rate cut on July 25 - Reuters poll

Jul 19 2019

ISTANBUL The Turkish central bank is expected to cut its key interest rate by 250 bps from its current 24% on July 25, a Reuters poll showed on Friday, with dovish comments from the new governor encouraging expectations of a significant reduction.

Turkey cenbank seen making deeper rate cut on July 25 after governor dismissal - Reuters poll

Jul 10 2019

ISTANBUL Turkey's central bank is expected to make a deeper than previously expected cut in its key interest rate this month after President Tayyip Erdogan dismissed its governor, a Reuters poll showed on Wednesday.

UPDATE 3-Turkish lira hit by central bank governor dismissal, policy worries

Jul 08 2019

* Investors fear U.S. sanctions after Russian S-400s delivery

Turkish central bank's credibility on the wane for a decade -studies

Jun 12 2019

ISTANBUL, June 12 The damage to the Turkish central bank's inflation-fighting reputation that culminated in last year's lira crisis has been years in the making, with its credibility having been progressively eroded over a full decade, two academic studies have found.

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