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Turkish lira

Special Turkish central bank unleashes big interest rate hike in another sign of an economic shift

Turkish central bank unleashes big interest rate hike in another sign of an economic shift

  • The bank’s key interest rate increased by 7.5 percentage points to 25 percent but some experts say it will not enough to ease inflation and end a cost-of-living crisis
  • Turkiye’s currency gained as much as 6% against the dollar after President Recep Tayyip Erdogan followed up the announcement by expressing confidence in his finance team
By MENEKSE TOKYAY ·
Turkish lira drops in value, citizens turn to stablecoins: Crypto Moves

Turkish lira drops in value, citizens turn to stablecoins: Crypto Moves

By RAYANA ALQUBALI ·
Special Investors eye Thursday meeting of Turkish Central Bank amid currency volatility

Investors eye Thursday meeting of Turkish Central Bank amid currency volatility

By MENEKSE TOKYAY ·
Turkish lira collapse piles misery on northern Syria

Turkish lira collapse piles misery on northern Syria

By AFP ·
Turkish lira falls to record low following Erdogan’s call for rate cut  

Turkish lira falls to record low following Erdogan’s call for rate cut  

By Arab News ·
Turkey’s missing $128bn triggers publicity campaign and police action

Turkey’s missing $128bn triggers publicity campaign and police action

By Arab News ·
Update Turkish lira tanks as Ankara-exposed stocks tumble graphic

Turkish lira tanks as Ankara-exposed stocks tumble

By Arab News ·
Asian markets cautious as Turkish lira takes a dive

Asian markets cautious as Turkish lira takes a dive

By Reuters ·
Turkish lira notches weekly gains of 12% on cenbank’s new look

Turkish lira notches weekly gains of 12% on cenbank’s new look

By Reuters ·
Special Lira rebounds on Berat Albayrak’s exit

Lira rebounds on Berat Albayrak’s exit

By MENEKSE TOKAY ·
Turkish president sacks central bank governor

Turkish president sacks central bank governor

By Arab News ·
Fitch sees growing risk as Turkish lira hits new low

Fitch sees growing risk as Turkish lira hits new low

By Reuters ·
Turkish lira’s free-fall continues

Turkish lira’s free-fall continues

By Arab News ·

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