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" lira"

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World - 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.

Business - 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.

Business - Economy
12/20/2021 8:41:36 PM
Turkey's troubled lira nosedived Monday after President Recep Tayyip Erdogan cited Islamic teachings to justify not raising interest rates to cushion the currency against historic falls.

Business - 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.

World - 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.

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

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