Lira falls after rates are left unchanged
Turkey’s central bank left is benchmark interest rate unchanged Tuesday, surprising investors and sending the lira falling. The Monetary Policy Committee in Ankara left its…
Turkish lira hits new low
Despite bank action, Turkish lira and stocks hit new lows
Turkish loosened foreign currency reserve requirements Tuesday in a move to inject roughly $1.5 billion into financial markets, but the iShares MSCI Turkey exchange-traded fund…