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Turkish currency sees short-term gains after rate hike | Money Talks

The Turkish lira has been on a roller coaster. After hitting a record low on Wednesday, the central bank had an emergency meeting and hiked a key interest rate by a massive 3%. The currency bounced back briefly, but selling prevailed by Thursday. Mobin Nasir reports. We spoke to Taha Arvas, a Turkish financial columnist at the Daily Sabah newspaper, who says investors want to see more details of how the government is planning to reform the economy. And Furkan Unal, Chief Financial Officer of Turkish iron and steel giant Kardemir- a company in the Borsa Istanbul 100 index- joins us in the studio.

Turkish Central Bank raises key interest rate | Money Talks

Turkish Central Bank raises key interest rate | Money Talks

Emerging markets feel the sting of strengthening dollar | Money Talks

Emerging markets feel the sting of strengthening dollar | Money Talks

Turkish prosecutors order arrest of over 400 people | Money Talks

Turkish prosecutors order arrest of over 400 people | Money Talks

Turkey's central bank raises key interest rate | Money Talks

Turkey's central bank raises key interest rate | Money Talks

North Korea reports 230,000 new cases of people with symptoms

North Korea reports 230,000 new cases of people with symptoms

Biden says Buffalo mass shooting was domestic terrorism

Biden says Buffalo mass shooting was domestic terrorism

Crimean Tatars mark anniversary of exile

Crimean Tatars mark anniversary of exile

Lebanon's Hezbollah, allies lose parliament majority

Lebanon's Hezbollah, allies lose parliament majority

Sri Lankan parliament reconvenes after former PM quit last week

Sri Lankan parliament reconvenes after former PM quit last week

No safe return in Kharkiv

No safe return in Kharkiv

UK moves to scrap Northern Ireland Protocols raises EU ire

UK moves to scrap Northern Ireland Protocols raises EU ire

North Korean military mobilises to ramp up response

North Korean military mobilises to ramp up response

Erdogan: Finland, Sweden support PKK/YPG terror group

Erdogan: Finland, Sweden support PKK/YPG terror group

Palestinians in Masafer Yatta face eviction

Palestinians in Masafer Yatta face eviction

Erdogan: Türkiye will not approve Sweden, Finland NATO bids

Erdogan: Türkiye will not approve Sweden, Finland NATO bids

The Buffalo suspect is a self-confessed white supremacist

The Buffalo suspect is a self-confessed white supremacist

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