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Turkish lira steady despite new threats from Trump

17th August 2018 Turkey’s currency remains steady against the dollar despite an apparent threat of possible new sanctions by U.S. President Donald Trump.
The Turkish lira stood at 5.80 per dollar on Aug. 17, up about 0.4 percent against the dollar.
The currency has recovered  earlier this week....
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Turkeys Banks Face Restrictions On Buying and Selling Currency

17th August 2018 The Turkish financial regulators have imposed new restrictions on all banks in Turkey.
The rules will make it harder for banks to buy and sell foreign exchange derivatives with overseas banks, meaning that this will prevent some investors from betting against the lira.
ISTANBUL, Aug 15...
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Turkey hikes tariffs on US goods

15th August 2018 The Turkish lira had fallen to a record low since US sanctions were put on Turkey. Monday saw the lira hit a record low of 7.2362 to the dollar, down nearly 10 percent in one day.
The Turkish lira recovered from its record low in Tuesday morning trading, strengthening around 6 percent against the...
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Animated movie boosts number of Spanish, European tourists visiting Turkey

2nd August 2018 Thanks to the Spanish animated film "Tadeo Jones 2: El secreto del Rey Midas" (Tad the Lost Explorer and the Secret of King Midas), there has been a significant increase in the number of Spanish and European tourists coming to Turkey's historically coveted Cappadocia.Cappadocia's 23-minute,...
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