ING’s Frantisek Taborsky expects the Central Bank of the Republic of Türkiye (CBRT) to keep its 37.00% rate unchanged, with ...

ANKARA, Turkey (AP) — The Turkish lira tumbled to a fresh record low Wednesday, extending its slide against the U.S. dollar since President Recep Tayyip Erdogan started his third term. The lira ...

On Friday morning, the Turkish lira plunged by over 20% against the U.S. dollar, into record low territory, extending the currency’s spiraling decline of the past several years. The fall of the lira ...

2021 was a rough year for the people of Turkey, as the country experienced rapid devaluation of its currency, the lira. Things haven’t improved in 2022 as the lira has suffered since Russia invaded ...

ALBAWABA - The Turkish lira has experienced successive declines in recent times, attributed to the continuous reduction of interest rates by the central bank. However, what is the connection between ...

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