Turkey

Fallout from the Turkish lira's meltdown is starting to spread to markets around the world

5 days ago   |   By

Matt Dunham - WPA Pool/Getty Images
Global markets are under pressure following the plunge in the Turkish lira late last week.
The lira's fall continued in Asian trade on Monday - it plunged as much as 10% when markets opened.
The weakness is starting to spread to other emerging market currencies, with the South African rand crashing by as much as 10% against the greenback.
Stock markets around Asia are lower, US stock futures are down, and high quality bonds are rallying.
You can follow the lira price live on Markets Insider .
Global markets are selling off following last Friday's...
Read more ...

 


Search by Tags

   Turkey      Shanghai      Hong Kong      Asia      Business      China      Currency      Fall      Business Insider Australia      BI Contributor      Turkish Lira      Market  


This new $170 Keurig is the company's most modern coffee maker yet - with a...

This new $170 Keurig is the company's most modern coffee maker yet - with a setting for iced coffee

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Amazon Keurig... Read more ...

British Airways declares mid-air emergency, returns to Gatwick

British Airways declares mid-air emergency, returns to Gatwick

An aircraft of British Airways that had been heading to Ibiza has had to fly back to Gatwick Airport following a mid-air emergency. Flight BA2724 was due to depart this morning... Read more ...

'Game of Thrones' star Sophie Turner welcomes Priyanka Chopra to the family...

'Game of Thrones' star Sophie Turner welcomes Priyanka Chopra to the family with the sweetest Instagram post

Getty Images Sophie Turner and Priyanka Chopra are each engaged to a Jonas Brother. Turner got engaged to Joe Jonas last fall , while Chopra just announced her engagement to... Read more ...

Four Seasons Hotel Bengaluru appoints Fredrik Blomqvist as General Manager

Four Seasons Hotel Bengaluru appoints Fredrik Blomqvist as General Manager

Fredrik Blomqvist is the General Manager of Four Seasons Hotel Bengaluru scheduled to open in the ‘Silicon Valley of India' in the latter part of 2018. Read more ...

The 50 most livable cities in the world in 2018

The 50 most livable cities in the world in 2018

Time Out The Economist Intelligence Unit released its annual Global Livability Index, measuring the most livable cities in the world. For the first time in eight years... Read more ...

Saturday's Best Deals: Color Laser Printer, Portable Projectors, 4K Fire TV...

Saturday's Best Deals: Color Laser Printer, Portable Projectors, 4K Fire TV, and More

$30 off Amazon's 4K Fire TV , a Brother color laser printer , and Anker's best portable projectors lead off Saturday's best deals from around the web. Read more ...

Four Seasons Resort Langkawi Welcomes Executive Chef Sandeep Bhagwat

Four Seasons Resort Langkawi Welcomes Executive Chef Sandeep Bhagwat

Four Seasons Resort Langkawi announces the appointment of Sandeep Bhagwat as the Rresort's new Executive Chef. An accomplished chef, he brings a fresh gastronomic perspective... Read more ...

A Tavern by Michael Mina at Four Seasons Hotel Baltimore

A Tavern by Michael Mina at Four Seasons Hotel Baltimore

Wit & Wisdom, A Tavern by Michael Mina at Four Seasons Hotel Baltimore, announced the return of the Kitchen Table Series, an intimate dining experience at the chef's table... Read more ...

The World's 7 Most Liveable Cities

The World's 7 Most Liveable Cities

The Economist Intelligence Unit released its ranking of the world's most liveable cities on Aug. 14. The study compared 140 destinations to find those with the best and worst... Read more ...

Anker's Sharpest and Brightest Portable Projectors Have Massive Discounts...

Anker's Sharpest and Brightest Portable Projectors Have Massive Discounts For One Day Only

Anker's Nebula Capsule mini projector gets all the hype , but if its standard definition resolution and 100 lumen brightness won't cut it for your portable cinema needs, the... Read more ...