TRY

A magnitude 5.6 earthquake has hit central Turkey

Death toll from magnitude 7.8 Turkey earthquake at 95 so far, this will rise

Powerful Turkey earthquake - Turkish Government requests International Aid

MUFG trade of the coming week: Buy CHF/TRY, stay short AUD/JPY

• Trade idea from MUFG

Turkey has raised electricity prices by up to 130% and gas prices by 50%

• President Erdogan's war on economic orthodoxy is not going well.

Turkey's Erdogan: The lira will stabilise next week

• Erdogan urges Turkish citizens to keep savings in the lira

Erdogan's experimental plan failing to convince in changing lira's fortunes

• The Turkish lira is down again today, closing back in on 13.00 against the dollar

What a ride in the USDTRY...

• ... but the sharp fall found support buyers right at the 100 day MA

Turkey rolled out FX deposit guarantees after crossing the 'red line' at USD/TRY 18.00

• Turkey decided USD/TRY at 18.00 was a 'red line'

Turkey's Erdogan says he will not let Turks be crushed under interest rates, inflation

• Turkey's Erdogan on the wires again, with familiar rhetoric

The Turkish Finance Ministry has announced *cough* "guaranteed" savings bonds

• This boils down to 'guaranteed saving bonds' - Though how "guaranteed" they are is anyone guess. It's certainly not the bazooka that is needed to fix the Turkish monetary woes

Turkish Finance Minister will provide details of economic measures at 11:00GMT/06:00EST today.

• Details remain light, but we are told banks "will commence the implementation of transactions of new instruments on Tuesday" - Lira has been weakening in morning trade.

Turkish lira goes gang-busters after Erdogan's anti-dollarization plan and $1bln USD sold

• Turkey's lira goes into 'beast mode', strengthening 9% vs USD this morning, following a historic 25% recovery from record lows, after President Tayyip Erdogan unveiled a plan he said would guarantee local currency deposits against market fluctuations.

USDTRY makes another run to the downside

• Broke below the 38.2% retracement and ran lower

The volatility in the Turkish lira is breathtaking

• Huge outside day on the chart