Turkish lira

Without CBRT intervention, USD/TL could be 27 Instead of 32

The Central Bank of Republic of Türkiye (CBRT) which sold foreign currency from its reserves to prevent the US dollar…

7 months ago

Turkish disinflation tested by currency pressure: 38 percent

The Turkish Statistical Institute (TurkStat) on July 5 announced a further deceleration in the skyrocketing inflation hike in the country…

1 year ago

Erdoğan: interest rates may go up but my policy remains same

Turkish President Recep Tayyip Erdoğan said that the appointment of Mehmet Şimşek as Treasury Minister should not be contemplated as…

2 years ago

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