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0.0011022596322461 0.0011022596322461 0.000400821684453192 -0.000601232526679716 -0.00195400571170894 -0.0022045192644922 -0.0010521569216895 0.000851746079462836
Stock impact report

Turkish lira hits record low, down 20% against dollar this year [CNBC]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: CNBC
Alkis Konstantinidis | Reuters Turkish President Tayyip Erdogan greets his supporters as he leaves a polling station in Istanbul, Turkey April 16, 2017. The Turkish lira tumbled more than 5 percent on Wednesday before recovering some ground, the latest drop in a sell-off that reflects growing investor alarm over the direction of monetary policy under President Tayyip Erdogan. The decline, exacerbated by stop-loss selling by Japanese retail investors overnight, brings the lira's losses to more than 20 percent so far this year and puts it on track for its worst monthly performance since the 2008 financial crisis. The sell-off has also increased expectations that the central bank may be forced to call an extraordinary meeting to raise interest rates before its next scheduled policy-setting meeting on June 7, as it has done in previous years. We expect the MPC to hold an interim meeting over the coming days to raise interest rates by at least 200 Show less Read more
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