Monday, January 9, 2017

Yet again, another record:( “Turkish Lira hits new low against dollar…

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The Turkish Lira hit a new low against the U.S. dollar on the morning of Jan. 9 after labor data from the world’s largest economy on Jan. 6 showed that growth was poised to accelerate,

Turkish Lira at new record low on inflation, security concerns

 
The Turkish lira hit a fresh record low on Jan. 3, pummeled by higher-than-expected inflation and security worries, though strong Chinese factory activity data boosted broader emerging equities to near three-week highs
 
The Turkish Lira slid to a new record low against the U.S. dollar and euro due to ongoing security concerns and economic problems on Jan. 5, Doğan News Agency reported

Turkey’s financial stability body discusses forex risks

 
At its latest meeting the Financial Stability Committee discussed problems in the private sector’s management of foreign exchange risks, Turkey’s Treasury stated on Dec. 29

Turkey announces net monthly minimum wage for 2017 as 1,404 Turkish Liras 

 
Labor Minister Mehmet Müezzinoğlu announced the net monthly minimum wage for 2017 as 1,404 Turkish Liras ($396) on Dec. 29
 
Confidence in Turkey’s economy weakened among consumers and businesses in December, according to Turkish Statistical Institute (TÜİK) on Dec. 29

Vía Erkan’s Field Diary http://ift.tt/2iulvHi


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