exchange rate

Why does Turkish Lira keep crashing?

With the noticeable move to loosen government controls on foreign currency, combined with some uncertainty, the Turkish lira tumbled to…

2 years ago

Turkish Lira declines against US Dollar to a new record

The Turkish Lira (TRY) depreciated further against the US Dollar and reached the psychological limit of 18 liras, and closed…

2 years ago

Out of the frying pan (2001) and into the fire (2022)

High inflation and increasing poverty have become our most significant economic issues. Consumer inflation in June is 78.6 percent, food…

2 years ago