Turkish Lira
- Middle East
Turkish lira falls against US dollar
Ankara: The latest lira slump, combined with soaring global energy and food prices, inflation now at 70 per cent and rising has placed Turkish President Recep Tayyip Erdogan in dire straits. Turkey’s…
- World
Turkey takes new measures to cope with high inflation
Istanbul: Turkey announced new economic measures to ease the burden of citizens against the skyrocketing cost of living amid high inflation. President Recep Tayyip Erdogan said at an economic meeting in Istanbul…
- World
Turkish President urges sectors to cut prices as lira rebounds
Ankara: Turkish President Recep Tayyip Erdogan has urged all the sectors to cut their exorbitant prices as the national currency, or lira, was rebounding. Addressing economists and academics in Turkey’s financial hub Istanbul,…
- Technology
Apple resumes product sales in Turkey, increasing prices by 25%
Ankara: Apple recently closed its business in Turkey due to concerns about the sharp drop in the exchange rate of the Turkish lira and now a new report has claimed that the…
- Business
Turkey further cuts rates, lira dips to new record low
Ankara: The Turkish central bank lowered interest rates for the third successive month despite high inflation, causing the embattled national currency lira to sink to new historic lows against the US dollar.…
- World
Turkish lira hits record low after central bank policymakers dismissed
Ankara: The Turkish lira has hit a new record low against the US dollar after President Recep Tayyip Erdogan dismissed three central bank members. The lira dropped nearly 1.2 per cent to…
