AllianzGI Bets on Turkish Lira Bonds Amid Selloff of the Decade
Allianz Global Investors is sticking with its bet on Turkey’s longest-maturity local debt, making it an outlier among foreign ...
Bitcoin Magazine2y
The Turkish Lira’s Freefall And The Bitcoin Parachute
The purchasing power of the lira is tragically vanishing right before Turkish citizens’ eyes. But the truth is, this currency crisis has been developing for a long time now. Over the last five years, ...
World Finance3y
Lira depreciation leaves Turkish banks vulnerable
The value of the Turkish lira shot up by four percent. Within just four months in office, Ağbal managed to put out the fires surrounding the fragile Turkish economy. During his tenure, the lira ...
Business Insider India6y
Turkish lira crisis leads India to the largest rupee drop in 5 years
According to experts, the dip in the rupee happened primarily due to the Turkish lira falling nearly 8% in one day. At the end of yesterday, the rupee was the worst performing Asian currency.