Banking and credit

A Turkish waits to change his US dollars with Turkish liras inside a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 9:55 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 4:55 p.m. Germany's foreign minister says it would be in Turkey's own interest to come to an agreement with the United States and others on the release of foreign prisoners. Angered by the continued detention of an...
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A vendor offers Turkish flags for sale at a market in Istanbul, Monday, Aug. 13, 2018. Turkey's central bank announced a series of measures on Monday to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan's economic policies and a trade and diplomatic dispute with the United States. (AP Photo/Lefteris Pitarakis)
August 13, 2018 - 9:07 am
ANKARA, Turkey (AP) — Turkey's central bank took action Monday to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan's economic policies and a trade and diplomatic dispute with the United States. The Turkish lira has...
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A Turkish waits to change his US dollars with Turkish liras inside a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 8:40 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 3:40 p.m. Chancellor Angela Merkel says that Germany wants to see Turkey prosper economically and is stressing the importance of its central bank's independence. Turkey is grappling with a currency crisis sparked by...
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A Turkish waits to change his US dollars with Turkish liras inside a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 7:56 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 2:55 p.m. Turkish President Recep Tayyip Erdogan says his country is under an economic "siege" that has nothing to do with its economic indicators. During an address to Turkish ambassadors in the capital, Ankara,...
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A Turkish waits to change his US dollars with Turkish liras inside a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 5:11 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 12:05 p.m. Turkey's foreign minister says the United States won't achieve aims by exerting pressure and imposing sanctions on Turkey. Addressing a conference in Ankara gathering Turkish ambassadors, Mevlut Cavusolgu on...
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A Turkish waits to change his US dollars with Turkish liras inside a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 4:40 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 11:40 a.m. Turkey's Interior Ministry announces that it will take legal action against hundreds of social media accounts provoking the ongoing plummet of the Turkish lira. The ministry said Monday it initiated legal...
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A Turkish man leaves a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 4:34 am
ANKARA, Turkey (AP) — Turkey's central bank announced a series of measures on Monday to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan's economic policies and a trade and diplomatic dispute with the United States. The...
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A Turkish man leaves a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 4:14 am
ANKARA, Turkey (AP) — Turkey's central bank announced a series of measures on Monday to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan's economic policies and a trade and diplomatic dispute with the United States. The...
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August 13, 2018 - 3:00 am
ANKARA, Turkey (AP) — Turkey's Central Bank has announced a series of measures to help banks manage their liquidity, after the country's finance chief said the government had readied an "action plan" to ease market concerns that led to a slump in the value of Turkish currency. The bank released a...
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Russian Prime Minister Dmitry Medvedev speaks during a meeting in Kamchatka Peninsula region, Russian Far East, Russia, Friday, Aug. 10, 2018. Russia's prime minister sternly warned the United States on Friday against ramping up sanctions, saying that Moscow will retaliate with economic, political and unspecified "other" means. (Dmitry Astakhov, Sputnik, Government Pool Photo via AP)
August 11, 2018 - 9:22 am
WASHINGTON (AP) — Russia typically brushes off new U.S. sanctions. Not this time. The Trump administration announcement of export restrictions in response to accusations Moscow used a nerve agent to poison a former Russian spy in Britain sent the ruble tumbling to a two-year low and drew a stern...
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