Turkish Lira

Lira hits record lows as rate cut sets Turkey on uncertain path
Middle East

Lira hits record lows as rate cut sets Turkey on uncertain path

ANKARA, Sept 24 (Reuters) – Turkey’s lira hit an all-time low against the dollar on Friday, a day after the…
Analysis: When Erdogan’s Turkish economic miracle began failing
Middle East

Analysis: When Erdogan’s Turkish economic miracle began failing

ISTANBUL, July 15 (Reuters) – Five years after President Tayyip Erdogan saw off a coup, his chances of extending his…
Turkish lira plunges to near record lows on cenbank chief’s sacking
Middle East

Turkish lira plunges to near record lows on cenbank chief’s sacking

ISTANBUL (Reuters) – Turkey’s lira slid 15 percent to a near all-time low on Monday after President Tayyip Erdogan’s shock…
Turkish lira slips as US moves closer to sanctions over S-400s
Middle East

Turkish lira slips as US moves closer to sanctions over S-400s

ISTANBUL (Reuters) – Turkey’s lira briefly slipped on Friday after US lawmakers included mandatory Turkish sanctions in a defense spending…
Turkish lira hits another historic low amid pandemic
Middle East

Turkish lira hits another historic low amid pandemic

LONDON (AP) — Turkey’s currency tumbled further Friday, hitting another record low. The Turkish lira dropped to 7.3677 against the…
Turkey’s economy to contract in 2019, limited growth ahead: Reuters Poll
Economy

Turkey’s economy to contract in 2019, limited growth ahead: Reuters Poll

ISTANBUL (Reuters) – Turkey’s economy is expected to contract in 2019 for the first time in a decade and to…
Nearly a year after currency crisis, unemployed Turks still ‘can’t dream’
Middle East

Nearly a year after currency crisis, unemployed Turks still ‘can’t dream’

ISTANBUL (Reuters) – Murat Abi found employment in construction after moving to Istanbul from eastern Turkey four years ago, including…
Turkey’s lira falls again, but Albayrak sees no risk to economy
Middle East

Turkey’s lira falls again, but Albayrak sees no risk to economy

ISTANBUL (Reuters) – Turkey’s lira fell against the dollar on Wednesday, as concern grew about the effects of the country’s…
Turkish lira firms as markets reopen with eye on US row
Middle East

Turkish lira firms as markets reopen with eye on US row

ISTANBUL (Reuters) – The Turkish lira gained slightly against the dollar on Monday as markets reopened after last week’s holiday,…
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