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Business 17 Dec 2020 | 7:00 AM

Burnt lira traders hope 2021 will be different

ANKARA: Lira traders chastened by the currency’s 25% collapse this year are daring to believe 2021 will be different after president Recep Tayyip Erdogan’s surprise flip to more orthodox policies.

Business 17 Dec 2020 | 7:00 AM

A currency manipulator tag for SNB may not deter FX approach

LONDON: The threat of being named a currency manipulator by the US Treasury may be an embarrassment for Switzerland, but even if the country does get the tag, it likely will have little effect on the Swiss National Bank’s (SNB) monetary policy.