Kerim Karakaya

Turkish officials are discussing bypassing some tax raises on goods at the start of the new year to help quell inflation, according to people with knowledge of the matter.

(Bloomberg) -- Emerging-market currencies, bonds and stocks have declined while volatility surged in October as investors rushed to reprice riskier assets amid rising global yields and a stronger dollar before US elections.

Lira is only emerging-market currency to gain on Tuesday Foreign funds buy after state banks intervened to stem losses

Turkish officials have been scrutinizing repo-like transactions by local lenders that allow them to access cheaper lira funding abroad and which may be inflating official data on foreign inflows, according to people familiar with the matter.

(Bloomberg) -- Turkish officials have been scrutinizing repo-like transactions by local lenders that allow them to access cheaper lira funding abroad and which may be inflating official data on foreign inflows, according to people familiar with the matter.

Turkish officials have been scrutinizing repo-like transactions by local lenders that allow them to access cheaper lira funding abroad and which may be inflating official data on foreign inflows, according to people familiar with the matter.

It took less than a week for one of Citigroup Inc.’s recommended Trump trades to sink under water.

(Bloomberg) -- South Africa’s first dollar bond sale since 2022 drew strong demand, signaling confidence in a coalition government formed after May elections.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictThe country raised $3.5 billion through two bonds with maturities of 12- and 30-years, priced at yields of 7.1% and 7.95% respectively. Demand for the n

Turkey’s lira depreciated on Monday as state lenders abstained from aggressively defending the exchange rate and traders responded by unwinding some carry trades, according to people familiar with the matter.

The cost of borrowing Turkish liras overnight in the offshore market spiked above 50% for the first time since early September as traders exited some of their so-called carry positions amid currency losses.