Advertisement
Turkish Lira Falls To 4-week Low Against U.S. Dollar
(RTTNews) - 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.
Turkey's central bank raised the policy rate to 30 percent from 25 percent, citing rising inflation and fuel prices.
Inflation readings were above expectations in July and August, the bank said.
"As the strong course of domestic demand and the stickiness of services inflation persist, the increase in oil prices and the ongoing deterioration in inflation expectations pose additional upside risks to inflation."
The Turkish Lira touched 27.12 against the greenback, its lowest level since August 24, when it reached a record low.
read more
Turkish Lira Drops To Record Low Against U.S. Dollar As Erdogan Wins Runoff Election
The Turkish lira dipped against the U.S. dollar on Monday, as Tayyip Erdogan won the country's presidential run-off election on Sunday.
RTTNews
|
Pred 823 dňami
Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus
Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.
RTTNews
|
Pred 11 minútami
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews
|
Pred 18 minútami
FTSE 100 Weak Again, Looks Headed For Weekly Loss
U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews
|
Pred 51 minútami
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
RTTNews
|
Pred 58 minútami
French Stocks Mostly Subdued In Cautious Trade
The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.
RTTNews
|
Pred 1 h 9 min
French Inflation Cools; Economy Expands As Estimated
France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.
RTTNews
|
Pred 1 h 35 min
Sensex, Nifty Extend Losses On Trade Worries
Indian shares ended lower on Friday to extend recent declines due to concerns over steep U.S. tariffs imposed on Indian goods.
RTTNews
|
Pred 1 h 35 min
