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Business

Turkey’s central bank steps in again to contain lira’s decline

The Turkish Central Bank (TCMB) has meddled with the foreign exchange markets by injecting dollars for the second time this week to stop the...
Business

Turkish lira hits another historic low against US dollar

Turkey's lira once again weakened to a record low against the US dollar on Tuesday, standing at 8.489 to the dollar and 9.930 to...
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...
Business

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...
Business

Turkish lira hits another historic low amid pandemic: report

Turkey's currency tumbled further Friday, hitting another record low, according to The Associated Press. The Turkish lira dropped to 7.3677 against the dollar before making...
Business

Turkish lira slips 2 pct against US dollar as coronavirus cases surge: report

The Turkish lira fell nearly 2 percent against the dollar on Monday as the number of coronavirus cases continued to surge in Turkey and world markets...
Business

Turkish lira plunges to 6-month low as possibility of new election in İstanbul lingers

The value of the Turkish lira plunged on Thursday to 5.85, the lowest in six months against the US dollar, as Turkey’s ruling party requested a...
Diplomacy

Erdoğan calls on Islamic countries to use national currencies in trade

Turkish President Recep Tayyip Erdoğan on Wednesday called on the Islamic world to use national currencies in trade so as to be free from...
Business

Dutch bank sees no sharp sell-off in Turkish lira in near future

Dutch Bank ABN Amro has said there will be no sharp sell-off in the Turkish lira in the near future, according to the bank’s...
National

Erdoğan: ‘Currency manipulations’ aimed at casting doubt on Turkey’s strong economy

Currency manipulations are aimed at casting doubt on Turkey's strong and solid economy, President Recep Tayyip Erdoğan said Sunday, according to the state-owned Anadolu...
National

Turkish man named ‘Dolar’ changes surname after ‘dollar’ ribbing from friends

A man in Turkey’s western province of Muğla has decided to change his surname, Dolar, in response to the ribbing he’s received because of...
National

Channels of currency speculation shut down, says Turkish presidency

Presidential spokesperson İbrahim Kalın has said the recent fluctuation of the Turkish lira against the US dollar has been “brought under control,” adding that...
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