Turkey
Erdoğan takes control of Turkey’s SWF
Fund was created in 2016 and holds assets of key national companies
Lira rallies as CBRT hikes main rate
Currency stages modest recovery, as central bank follows through on promised action
Which emerging markets are in the firing line?
Some instability from Turkey and Argentina has spilled elsewhere, but not all emerging markets are under threat
Turkish deputy governor resigns to join development bank
Erkan Kilimci was appointed to role in May 2016 and held MPC seat
CBRT vows action at next policy meeting
Turkish central bank has already raised effective interest rates without changing the policy rate
Turkish lira back under pressure amid Moody’s downgrade
Central bank raises overnight borrowing limits; dwindling reserves could prove a challenge in the months ahead
People: Chinese and Turkish central banks each gain new deputy governors
Bank of England director to lead Irish central bank financial stability department; and more
Turkish and Qatari central banks agree $3bn swap deal
Gulf monarchy announces $15 billion investment on August 15 to support crisis-stricken ally
Policies must change to stop emerging markets crisis, analysts say
Tariffs, Fed policy and renminbi devaluation are stressing weaker currencies, say observers
Turkish central bank raises overnight rates in bid to stop lira’s fall
Move comes despite president Erdoğan’s hostility to rate hikes; banking authority also acts
James Bullard on 2% rates, tariffs and Fed leadership
The president of the Federal Reserve Bank of St Louis speaks about the impact of US trade policies, the disruption to the banking industry from Silicon Valley, shrinking the Fed balance sheet and the potential for agent-based modelling
Rupee falls to record low as instability hits emerging markets
Indian currency falls to 70 against the US dollar for the first time
Turkish lira reaches fresh low as crisis impacts emerging markets
Central bank announces lower reserve requirements in bid to increase liquidity
Trump and Erdoğan: cut from the same populist cloth
Barry Eichengreen compares the respective strongmen of the US and Turkey, as the latter country spirals towards crisis
Turkish lira down 22% as crisis builds
Lira collapses and bond yields soar as Donald Trump unveils fresh sanctions
Turkish lira plunges again amid looming sanctions
Finance ministry to unveil ‘new economic model’, as central bank struggles to support the currency and officials seek to avoid fresh US sanctions
Turkish inflation forecasts leap after overshoot
Governor says inflation will converge to target in long run, despite being far above forecast bands
Lira plunges as Turkish rates stay on hold
Central bank inactive despite spiralling inflation and looming debt crisis
Erdoğan tightens grip on central bank with sweeping decree
President amends central bank law to hand himself key powers over institution’s governance
Erdoğan set to wield greater power over Turkish economic policy
President has said central bank’s rate hikes have helped boost inflation
Turkish central bank hikes main rate ahead of election
Hike comes as inflation continues to rise, though the lira has levelled out
Turkish central bank simplifies policy framework
Lira finds a measure of stability as CBRT prepares to implement a more conventional corridor system for setting interest rates
Turkish central bank carries out emergency rate hike as currency falls
Erdogan statements and emerging market sell-off put pressure on lira
Erdoğan plans tighter control over Turkish monetary policy
President says he is held accountable for policy, so should have more influence