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World
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Region
3/19/2025 10:46:54 AM
The Turkish lira plunged to an all-time low against the dollar on Wednesday, after police raided the home of Istanbul's powerful opposition mayor, Ekrem Imamoglu.
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Business
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Economy
6/7/2023 11:39:23 AM
The Turkish lira sank to a new low against the dollar on Wednesday, more than a week after the re-election of President Recep Tayyip Erdogan.
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Business
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Economy
12/5/2022 1:06:03 PM
Annual inflation in Turkey slightly eased in November for the first time in more than a year, according to official figures released on Monday, although it remains close to 24-year highs.
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World
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Region
9/22/2022 3:46:36 PM
Turkey's currency fell to a record low against the dollar before a central bank meeting on interest rates Thursday, expanding the pain for people who have seen their purchasing power erode during a series of economic shocks in the country.
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Business
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Economy
9/5/2022 1:46:58 PM
Turkey's annual inflation passed 80% in August, according to official data on Monday, further hitting consumers facing high energy, food and housing costs.
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World
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Region
7/4/2022 10:52:20 AM
Annual inflation in Turkey hit 78.62% in June, the highest rate since 1998, according to official data released Monday.
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World
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Region
12/30/2021 2:39:43 PM
Turkey's currency crisis turned increasingly political on Thursday after a top minister urged citizens to sue economists who comment on social media about the lira's slide.
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Business
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Economy
12/21/2021 11:52:53 AM
The Turkish lira was making significant gains Tuesday after the country's president announced new measures to safeguard deposits in the national currency against currency fluctuations.
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Business
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Economy
12/16/2021 4:37:05 PM
The Turkish lira on Thursday hit fresh lows after the central bank fired the latest salvo in President Recep Tayyip Erdogan's "economic war of independence" by cutting interest rates for the fourth successive month.
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World
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Region
12/12/2021 9:55:10 AM
Mohammed al-Debek, a schoolteacher in northern Syria, is on strike: the currency devaluation in neighbouring Turkey has slashed the value of his salary by two-thirds.
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Business
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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".
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World
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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.
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World
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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.
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World
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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
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World
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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
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World
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Region
3/21/2021 10:03:00 PM
Concerns over central bank independence have exacerbated Turkey's boom-and-bust economy and record dollarisation
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World
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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
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World
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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
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World
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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
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World
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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
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