lira
Turkey tourism revenue doubled, trade deficit narrowed last year
Middle East
January 31, 2022
Turkey tourism revenue doubled, trade deficit narrowed last year
ISTANBUL, Jan 31 (Reuters) – Turkey’s tourism revenues doubled to almost $25 billion last year and the country’s trade deficit…
Turkey raises tax thresholds for some vehicles
Middle East
January 13, 2022
Turkey raises tax thresholds for some vehicles
ISTANBUL, Jan 13 (Reuters) – Turkey has stepped up price thresholds for a special consumption tax on vehicles with small…
Turkish lira dips, business group chief questions policy
Middle East
January 6, 2022
Turkish lira dips, business group chief questions policy
ISTANBUL, Jan 6 (Reuters) – Turkey’s lira slipped as much as 1.7% on Thursday, and has shed some 22% in…
Turkey’s lira logs worst year in two decades under Erdogan
Middle East
January 1, 2022
Turkey’s lira logs worst year in two decades under Erdogan
ANKARA, Dec 31 (Reuters) – Turkey’s lira has logged its worst year since President Tayyip Erdogan came to power nearly…
Lira on four-day skid as Ankara struggles to hold confidence
Middle East
December 31, 2021
Lira on four-day skid as Ankara struggles to hold confidence
ISTANBUL, Dec 30 (Reuters) – The Turkish lira fell as much as 6% on Thursday, extending a four-day slide after…
Turkey’s lira support plan comes with potential costs -Fitch
Middle East
December 24, 2021
Turkey’s lira support plan comes with potential costs -Fitch
LONDON, Dec 22 (Reuters) – Turkey’s radical new plan to support the lira and discourage dollarisation comes with obvious potential…
Turkey hikes minimum wage by 50% in face of lira crisis
Middle East
December 17, 2021
Turkey hikes minimum wage by 50% in face of lira crisis
ANKARA, Dec 16 (Reuters) – Turkey will hike its minimum wage by a massive 50% to 4,250 lira ($275.44) per…
Turkish lira flirts with record low as Doha eyes trouble
Middle East
December 7, 2021
Turkish lira flirts with record low as Doha eyes trouble
ISTANBUL, Dec 6 (Reuters) – The Turkish lira briefly slid 1% on Monday, again nearing record lows touched last week…
Turkish opposition calls for early election amid lira meltdown
Middle East
November 19, 2021
Turkish opposition calls for early election amid lira meltdown
ANKARA, Nov 18 (Reuters) – Turkish opposition leaders called for immediate early elections on Thursday after the lira plunged 6%…
Analysis: Wary Turks aren’t buying Erdogan’s economic promise yet
Middle East
December 2, 2020
Analysis: Wary Turks aren’t buying Erdogan’s economic promise yet
ISTANBUL (Reuters) – Turkish President Tayyip Erdogan’s promise of a new economic era triggered a foreign-driven rally in the lira,…