Turkish lira

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…

10 months 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…

11 months 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…

11 months 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