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" Lira"

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Business - Economy
11/23/2021 6:32:58 PM
The Turkish lira plunged to record lows Tuesday after President Recep Tayyip Erdogan stuck to his support for interest rate cuts, warning his country was in a "war of economic independence".

World - Region
11/18/2021 1:59:02 PM
The Turkish lira sank further on Thursday as the central bank slashed interest rates for the third consecutive month following pressure to do so from President Recep Tayyip Erdogan.

World - Region
10/21/2021 9:48:39 PM
The Turkish lira plunged to a record low against the U.S. dollar Thursday after a harsher-than-expected cut in interest rates.

World - Region
9/8/2021 10:10:53 PM
The central bank has been vowing for months to keep real interest rates positive so that Turks are not incentivised to spend money instead of placing them in their accounts

World - Region
4/21/2021 12:40:01 PM
The stories accused trade minister Ruhsar Pekcan of awarding two companies run by her husband contracts for the purchase of disinfectant products worth nine million liras (more than one million dollars)

World - Region
3/23/2021 5:42:27 PM
The lira slumped as much as 15% after the move, stocks dived and yields on government debt jumped, piling pressure on the credit-fuelled emerging economy which has been prone to booms and busts during Erdogan's 18 years in power

World - Region
3/22/2021 2:06:09 PM
The global mood soured as the Turkish lira plunged to a near record low after President Tayyip Erdogan replaced a hawkish central bank governor with a critic of high interest rates over the weekend

World - Region
3/21/2021 10:03:00 PM
Concerns over central bank independence have exacerbated Turkey's boom-and-bust economy and record dollarisation

World - Region
12/27/2020 11:39:18 AM
Fines of up to 200,000 lira ($26,500.60) can be levied, compared to a previous maximum of 700 lira, in a move the seven organisations said will 'in practice lead to the closure of many associations'

World - Region
12/4/2020 2:01:15 PM
The final version of the $740 billion annual U.S. defence spending legislation would oblige the White House to select from a list of sanctions over the S-400s, which Washington says are incompatible with NATO operations

World - International
11/10/2020 9:01:14 PM
In his message on Tuesday, Erdogan reiterated Ankara's 'determination to work closely with the US administration' in the coming period

World - Region
11/10/2020 9:53:18 AM
The Turkish currency has shed nearly a third of its value against the dollar this year and became the world's worst performer last month

World - Region
11/8/2020 9:18:25 PM
The son-in-law of Turkish President Recep Tayyip Erdogan resigned as finance minister

World - Region
11/7/2020 2:29:14 PM
Turkish President Tayyip Erdogan removed the central bank governor from his post on Saturday and replaced him with former finance minister Naci Agbal after the lira lost 30% of its value since the start of the year

World - Region
10/30/2020 2:19:42 PM
Geopolitical tensions in the Caucasus & the eastern Mediterranean exacerbated the lira's decline, putting it on course to lose 7.9% to the dollar in October, its worst monthly decline since the height of the 2018 economic crisis

World - Region
10/26/2020 12:21:58 PM
The lira sank 1.2% to breach 8 to the dollar, weighed by fighting in the Nagorno-Karabakh region that threatened to upset a new ceasefire and tensions between Ankara and Athens over a disputed area in the eastern Mediterranean

World - Region
10/21/2020 4:37:21 PM
Erdogan has downplayed possible fallout and promised counter-sanctions

Opinion -
10/15/2020 4:29:05 PM
Turkey’s ailing economy could prove the final undoing of irredentist strongman Recep Tayyip Erdogan

Business - Economy
5/15/2020 3:22:04 PM

Al-Ahram Weekly - World
12/17/2019 11:16:19 PM
The Syrian regime has been benefitting from the ongoing collapse in the value of the country’s currency

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