top of page
Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.


The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

Stock Market

25 Nov 2021

Turkish Lira Finally Rebounds After Months of Lows

The Index Today

The Turkish Lira began on its recovery after reaching record lows caused by the President’s interest rate cuts. At 11.85 at 0400 GMT, the lira gained 1.9% from a close of 12.0820 on Wednesday. Last week it fell to its lowest level against the dollar at 13.45.

Prior to Wednesday, the currency fell at a record level against the dollar in 11 consecutive sessions, losing as much as 45% of its total value. President Erdogan’s fiscal policies have been criticized for the decline of the lira and the high inflation in the country.


Clay pottery with table linens
bottom of page