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Business

Turkish lira slumps to record low after Erdoğan orders expulsions

The Turkish lira dropped to record lows on Monday after Turkish President Recep Tayyip Erdoğan at the weekend ordered the expulsion of the ambassadors...
Business

Erdoğan blames shopkeepers for rising food prices, warns of penalties

Turkish President Recep Tayyip Erdoğan holds the country’s shopkeepers responsible for the country's constantly increasing food prices, warning that they may face penalties if...
Business

Turkey sees highest inflation in more than a year at 14 percent

Turkey's annual inflation jumped more than expected to 14.03 percent in November, its highest since August 2019 on the back of the Turkish lira's...
Business

Turkey’s lira continues sliding, central bank meeting takes on importance: report

Turkey's lira fell to a new record low against the US dollar on Monday, as investors weighed up tightening steps by the central bank...
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