TÜRKIYE-ISTANBUL-ELECTION-TURKISH LIRA

TÜRKIYE-ISTANBUL-ELECTION-TURKISH LIRA

(230603) -- ISTANBUL, June 3, 2023 (Xinhua) -- A man checks currency rates at an exchange office in Istanbul, Türkiye, May 29, 2023. TO GO WITH "Roundup: Eyes on value of Turkish currency after presidential election" (Photo by Omer Kuscu/Xinhua)

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  • 2023/6/03 00:00:00
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  • Xinhua / Kyodo News Images
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    (240312) -- ANKARA, March 12, 2024 (Xinhua) -- People wait to exchange money at a foreign exchange office in Ankara, Türkiye, on March 12, 2024. As inflation is soaring in Türkiye, the central bank's decision to halt monetary tightening is called into question while policymakers ask for patience, saying prices will drop this year. (Photo by Mustafa Kaya/Xinhua) TO GO WITH News Analysis: Türkiye's stubborn inflation fuels calls for further rate hikes
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      (240312) -- ANKARA, March 12, 2024 (Xinhua) -- A customer exchanges money at a foreign exchange office in Ankara, Türkiye, on March 12, 2024. As inflation is soaring in Türkiye, the central bank's decision to halt monetary tightening is called into question while policymakers ask for patience, saying prices will drop this year. (Photo by Mustafa Kaya/Xinhua) TO GO WITH News Analysis: Türkiye's stubborn inflation fuels calls for further rate hikes
        TÜRKIYE-ANKARA-INFLATION

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        (240312) -- ANKARA, March 12, 2024 (Xinhua) -- A teller counts banknotes at a foreign exchange office in Ankara, Türkiye, on March 12, 2024. As inflation is soaring in Türkiye, the central bank's decision to halt monetary tightening is called into question while policymakers ask for patience, saying prices will drop this year. (Photo by Mustafa Kaya/Xinhua) TO GO WITH News Analysis: Türkiye's stubborn inflation fuels calls for further rate hikes

          Turks rush for USD as lira continues to depreciate amid high inflation

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            Turkish currency plunges to new low against USD amid high inflation

            STORY: Turkish currency plunges to new low against USD amid high inflation SHOOTING TIME: Feb. 16, 2024 DATELINE: Feb. 17, 2024 LENGTH: 00:01:10 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul city in Türkiye 2. Murat Tufan, an analyst with Turkish broadcaster Ekoturk speaking in an interview 3. various of Turkish Minister of Treasury and Finance Mehmet Simsek speaking at the Türkiye-Saudi Arabia Investment and Business Forum in Istanbul, Türkiye 4. various of Turkish Central Bank 5. various of Fatih Karahan, Turkish Central Bank chief STORYLINE: The Turkish currency plunged to a new low on Friday against the U.S. dollar, losing 0.3 percent of its value in 24 hours while the country has been trying to curb high inflation. The lira stood at 30.83 against the dollar at 4:00 p.m. local time (1300 GMT) after hitting 30.87. Murat Tufan, an analyst with Turkish broadcaster Ekoturk, told Xinhua that for the lira to appreciate, inflation needs to be seriously curbed in Türkiy

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                Turkish currency hits historic low against U.S. dollar

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                    Türkiye's hiking inflation may ease in mid-2024: Turkish economist

                    STORY: Türkiye's hiking inflation may ease in mid-2024: Turkish economist SHOOTING TIME: Dec. 28, 2023 DATELINE: Dec. 29, 2023 LENGTH: 0:02:48 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people on the streets and shopping in Türkiye 2. various of Turkish Central Bank 3. various of Turkish lira 4. SOUNDBITE (Turkish): ARDA TUNCA, Istanbul-Based Economist And Columnist STORYLINE: Türkiye has been struggling with economic woes due to high inflation, sharp depreciation of the currency and rising borrowing costs. Arda Tunca, an Istanbul-based economist and columnist, told Xinhua in a recent interview, that the effect of the Turkish government's monetary-tightening measures to curb inflation is likely to be felt starting mid-2024. SOUNDBITE (Turkish): ARDA TUNCA, Istanbul-Based Economist And Columnist "The monetary tightening that we witnessed since June has prepared the base of what is coming next. This was a preparatory period. From now on, we can expect the effect of these measures on infl
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                      TÜRKIYE-ANKARA-INFLATION

                      (231221) -- ANKARA, Dec. 21, 2023 (Xinhua) -- A teller counts banknotes at an exchange office in Ankara, Türkiye, on Dec. 21, 2023. Türkiye's central bank on Thursday delivered a seventh consecutive rate hike to beat double-digit inflation, signaling an impending end to the tightening cycle that has become the hallmark of a policy reversal, experts said. (Photo by Mustafa Kaya/Xinhua) TO GO WITH News Analysis: Türkiye slows pace of monetary tightening amid signal to end hiking cycle soon