Turkish lira

Forex

Turkish Lira drops as traders fret over Turkish Central Bank credibility

(July 8): The lira slumped more than 3% after President Recep Tayyip Erdogan’s shock decision to replace the country’s central bank governor fuelled concern the regulator will lower borrowing costs by more than expected.

Stocks To Watch

Trio of troubles has Malaysia's IHH losing US$800 million in value

(Apr 2): The troubles are adding up for IHH Healthcare Bhd, wiping almost US$800 million ($1.08 billion) from its market value over three days.

Currencies

Qatar comes to the rescue of Turkey with US$15b investment package; lira rallies

ISTANBUL (Aug 16): The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey if Ankara frees a US pastor, as Qatar pledged US$15 billion ($21 billion) in investment to Turkey, supporting a rise in
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