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Turkish Lira Drops To Record Low Against U.S. Dollar As Erdogan Wins Runoff Election
(RTTNews) - The Turkish lira dipped against the U.S. dollar on Monday, as Tayyip Erdogan won the country's presidential run-off election on Sunday.
Erdogan attained 52 percent of the vote in the second round of voting, whereas his opponent Kemal Kilicdaroglu got 47.86 percent.
The win gives him another five-year term, extending power until 2028.
The Turkish lira touched a record low of 20.07 against the greenback from yesterday's close of 19.87.
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Turkish Lira Falls To 4-week Low Against U.S. Dollar
The Turkish Lira fell against the U.S. dollar in the New York session on Thursday, despite a 500 basis-point hike by the Turkish central bank.
RTTNews
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773 dias atrás
Taiwan Shares Poised To Rebound On Monday
The Taiwan stock market has finished lower in back-to-back sessions, sinking more than 60 points or 0.2 percent along the way. The Taiwan Stock Exchange now sits just above the 28,230-point plateau although it may find traction on Monday.
RTTNews
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1h 9min atrás
Singapore Bourse May Snap Losing Streak
The Singapore stock market has finished lower in three straight sessions, sinking more than 20 points or 0.5 percent in that span. The Straits Times Index now sits just beneath the 4,430-point plateau although it may stop the bleeding on Monday.
RTTNews
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1h 39min atrás
Little Movement Seen For Malaysia Stock Market
The Malaysia stock market turned lower again on Friday, one day after ending the two-day slide in which it had slipped almost 7 point or 0.5 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,610-point plateau and it figures to remain in that neighborhood again on Monday.
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2h 9min atrás
Australia Manufacturing PMI Slips Into Contraction - S&P Global
The manufacturing sector in Australia fell into contraction territory in October, the latest survey from S&P Global revealed on Monday with a Performance of Manufacturing Index score of 49.7.
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2h 19min atrás
New Zealand Building Permits Jump 7.2% In September
The total number of building permits issued in New Zealand was up a seasonally adjusted 7.2 percent on month in September, Statistics New Zealand said on Monday - coming in at 3,747.
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2h 29min atrás
Tech Shares May Boost South Korea Stock Market
The South Korea stock market has tracked higher in three straight sessions, advancing almost 100 points or 2.5 percent in that span. Now at another fresh record closing high, the KOSPI sits just above the 4,100-point plateau and it may tick higher again on Monday.
RTTNews
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2h 39min atrás
Australia Building Approval Data Due On Monday
Australia will on Monday release September figures for building approvals, highlighting a busy day for Asia-Pacific economic activity. In August, approvals were down 6.0 percent on month and 1.2 percent on year.
RTTNews
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3h 9min atrás
