Flash Crash Hits Turkish lira, plummeting 15% in seconds
The Turkish lira fell more than one percent against the U.S. dollar on Monday and fell to as low as 6.38 to the…
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Turkish lira
Turkish lira slides after S-400 deliveries start
The Turkish lira weakened as far as to 5.77 to the dollar on Friday after it had emerged that the delivery of the…
Erdogan gives Turkish Central Bank chief the boot over rate cuts tiff
Turkish President Recep Tayyip Erdogan fired the governor of the Central Bank of the Republic of Turkey (TCMB),…
Two Bloomberg reporters face jail time for reporting on the lira’s…
Two Turkish reporters of Bloomberg could receive up to five years in prison for reporting on the sharp decline in…
Turkish lira weakens as Ankara insists on Russian S-400 missile deal
The Turkish lira weakened to 5.90 against the US dollar nine days before Istanbul’s rerun election. Yesterday, the…
Turkish government forces banks to lend to the treasury – report
Turkey’s ruling Justice and Development Party (AKP) asked three major banks to help the Treasury's borrowing drive,…
Law and justice necessary for economic development, says Turkey’s top…
"In order to secure economic growth in Turkey, the justice system needs to be improved in the country," said Tuncay…
Turkish Lira weakens as Turkey’s YSK rules for a re-run of Istanbul…
Concerns over political instability have seen the Turkish Lira further weakening against the US Dollar as it lost…
Food prices in Turkey increase by 32 percent in April
Food prices in Turkey rose by 32 percent in April compared to the same month of the previous year, the Turkish…
Shrinking Turkish Central Bank’s forex reserves send jitters among…
Republic of Turkey Central Bank’s (CBRT) net foreign reserves declined to 25.85 billion USD.