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Erdoğan says Turkish lira volatility is temporary: report

Turkish President Recep Tayyip Erdoğan said on Friday that exchange rates and gold prices will settle at their right levels and that volatility is...

Turkish lira hits lowest level since 2018 currency crisis: report

Turkey's lira weakened some 0.5 percent against the dollar on Wednesday to its lowest level since the height of the 2018 currency crisis, as investors eyed...

İstanbul election challenges, strained US relations lead Turkish lira to hit 6-month low

The Turkish lira hit its weakest intraday level against the dollar since mid-October on Wednesday as investors weighed up risks generated by challenges to İstanbul election...

Gov’t introduces new price tag regulation to prevent unfair price hikes

The Turkish government has introduced a new regulation requiring storeowners to include the date a price hike was implemented on price tags to prevent...

Turkish lira crashes to record low on worries over economy, US row

Turkey’s lira plunged to 6.30 against the US dollar on Friday as worries about President Tayyip Erdoğan’s influence over monetary policy and worsening US...

Turkish central bank leaves policy rate unchanged, defying expectations

Turkey’s central bank left its policy rate unchanged on Tuesday, bucking market expectations of a hike and sending the lira down sharply in the...

Government thinks Turkish lira’s value loss is a plot targeting elections

Deputy Prime Minister and Cabinet spokesperson Bekir Bozdağ made statement on Wednesday concerning the Turkish lira’s record loss in value, claiming the latest deterioration...

Northern Cyprus PM hints at dropping Turkish lira over record value loss

Turkish Republic of Northern Cyprus (KKTC) Prime Minister Tufan Erhürman announced on Tuesday that radical measures for the economy are being considered, hinting that...

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