Turkish lira, equities enjoy bounce in Asia
Turkey's lira edged up with other emerging market currencies in Asian trade Tuesday while equities also enjoyed a bounce after the previous day's turmoil.
Rate decision a test for Turkey's central bank
The Turkish central bank decides Tuesday whether to hike interest rates to push down inflation and support the flagging lira in a crucial test of its credibility one month after President Recep Tayyip Erdogan's election win spooked investors.
Turkey lira hits new historic lows after Erdogan comments
Turkey's embattled currency the lira on Wednesday hit new historic lows against the dollar as investors took fright at comments by President Recep Tayyip Erdogan suggesting he wanted a bigger say in monetary policy.