The intervention is probably aimed at slowing, rather than halting currency depreciation—and buying time for the reco...
Read Full ArticleRussian troops are continuing to build up on the Ukrainian border, but investors are piling into bets that there won’...
Read Full ArticleTroops on Ukraine’s border and unrest in neighboring Kazakhstan have unnerved investors, sending the ruble to its wea...
Read Full ArticleTurks abandoned their local currency savings for U.S. dollars and other foreign-currency deposits over concerns about...
Read Full ArticleThe country’s currency crisis intensified after President Recep Tayyip Erdogan defended an unorthodox policy of cutti...
Read Full ArticleThe lira fell to a record low against the dollar after the country’s central bank cut its key rate as demanded by Pre...
Read Full ArticleThe red-hot U.S. economy is drawing billions of dollars from emerging markets, stirring concerns that investor flight...
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