(Bloomberg) -- Turkey’s lira reversed earlier losses and surged against the dollar on Monday as President Recep Tayyip Erdogan indicated he’ll give his economic team more time to produce results ...
Turkey officially ended a deposit instrument introduced in December 2021 aimed at supporting the lira during a previous currency crisis. No new FX-protected lira deposit accounts will be opened and ...
ISTANBUL (Reuters) -Turkey expects Donald Trump's White House will lower tariffs on its steel and textile exports, the trade minister said on Thursday, as the lira and Turkish assets continued to ...
What do you do if the government is relentlessly devaluing your money? Save in gold. That’s exactly what people in Turkey are ...
Turkey’s central bank announced new measures to curb credit-card spending and deter demand for hard currencies ahead of local elections at the end of the month. The central bank raised the monthly ...
Textile bosses from Turkey are fleeing to Egypt one by one. From production machinery to raw materials and even cleaning ...
After hitting a low of 2.1725 at the beginning of August the euro has rallied against the Turkish lira in the past few weeks. The euro climbed to 2.3650 on September 17 but as scepticism surrounding ...
ANKARA (Reuters) - A row between Turkey and its most powerful ally the United States over Ankara's plans to send troops into northern Iraq to fight Kurdish rebels could dent much-needed foreign ...
Turkey is plunging into a fresh currency crisis as investors dump the lira in response to the extraordinary decision by the country's central bank to slash interest rates in the face of soaring ...
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