Arab Today, arab today turkish lira and stocks steady
Last Updated : GMT 06:58:51
Arab Today, arab today
Arab Today, arab today

Turkish lira, and stocks, steady

Arab Today, arab today

Arab Today, arab today Turkish lira, and stocks, steady

Istanbul - AFP

The Turkish lira steadied against the dollar and shares firmed in early trading on Thursday, as analysts took the view that US monetary authorities would not tighten their policy immediately. One factor driving this sentiment was tension over the situation in Syria. The lira was being quoted at 2.0347 to the dollar from 2.0605 late on Wednesday when during trading it had reached another record low value of 2.070 to the dollar. The lira has fallen heavily in recent weeks because the prospect that the US Federal Reserve central bank would begin to curb easy-money stimulus had caused an outflow of capital and spotlighted weaknesses in the Turkish economy. The main stock index in Istanbul, the BIST100 which had fallen heavily last week and this week up to Tuesday, rallied by 0.88 percent to 66,027.88 points. On Wednesday the index had steadied to close with a gain of 0.1 percent. Market sentiment now holds that the Federal Reserve will not begin to curtail stimulus to the US economy, some of which has flowed into emerging economies, while tensions run high over a possible attack by the United States and its allies on Syria.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today turkish lira and stocks steady Arab Today, arab today turkish lira and stocks steady

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today turkish lira and stocks steady Arab Today, arab today turkish lira and stocks steady

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday