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Topic

Turkey's lira currency

Turkish lira rebounds

Turkish lira rebounds

Published 12 Mar, 2022 04:08am
ISTANBUL: The lira rebounded from an earlier slump to rally 1.5% on Friday, benefiting along with other emerging...
Turkish lira firms 1pc, recouping last week's losses

Turkish lira firms 1pc, recouping last week's losses

Published 27 Apr, 2021 06:38pm
  • The currency had declined on expectations of worsening ties between Ankara and Washington. Further pressuring the lira, Central Bank Governor Sahap Kavcioglu on Friday defended forex reserve sales under a previous administration aimed at providing support for the lira and said further rate hikes could damage the economy.
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