Turkish lira – Charm

Turkish Traders Brace for More Volatility After Imamoglu Arrest

Cs news4 months ago04 mins

(Bloomberg) — The costs of borrowing Turkish lira in the offshore market and insuring the country’s debt against default are holding near the levels they set last week, a sign that traders remain deeply on edge after a wild period for the market. The lira dipped against the dollar. Most Read from Bloomberg The offshore…

Turkey Bans Short Selling, Eases Buyback Rules to Bolster Stocks

Cs news4 months ago4 months ago04 mins

(Bloomberg) — Turkey’s capital markets regulator banned short-selling across all stocks and relaxed share buyback rules in a bid to prevent further equity losses after the country’s benchmark index tumbled last week following the detention of a prominent opposition leader. Most Read from Bloomberg The new rules, announced late Sunday, broaden a previous ban that…