Turkish lira weakens to 43.9695 against dollar Published 02 Mar, 2026 10:49am Turkish lira slid to 43.9695 against the dollar in early trade on Monday
Turkiye central bank targets 50% lira deposits in banks in 2024 Published 29 Dec, 2023 12:29pm ISTANBUL: Turkiye central bank said on Friday it aims to increase the share of Turkish lira deposits to 50% in the...
Turkish lira marks new low after 36% drop this year Published 27 Dec, 2023 05:18pm ISTANBUL: The Turkish lira weakened to a record low of 29.4 against the dollar on Wednesday, bringing its losses in...
Rise in Turkish inflation temporary: Erdogan Published 21 Aug, 2023 10:33pm ISTANBUL: Turkey's President Tayyip Erdogan said on Monday the rise in inflation is temporary and the government is...
Turkish lira hits record low ahead of rate decision Updated 18 Jul, 2023 02:00pm ISTANBUL: The Turkish lira weakened more than 2% to a fresh record low against the dollar on Tuesday over market...
Turkish lira flat after touching record low, central bank reserves up Published 27 Jun, 2023 02:38pm ISTANBUL: Turkiye lira was mostly flat on Tuesday, after touching a new record low overnight, while bankers said the...
Turkey’s lira hits fresh record lows after rate hike Published 23 Jun, 2023 11:11am ISTANBUL: The Turkish lira weakened as much as 2.8% to a fresh record low early on Friday, extending losses as the...
Asia shares near month high ahead of central bank meetings Published 12 Jun, 2023 09:43am SINGAPORE: Asian shares started tentatively on Monday as investors braced for central bank meetings from Europe,...
Turkiye lira hits new record low, policy moves awaited Updated 12 Jun, 2023 01:58pm ANKARA: The Turkish lira slipped to a new record low on Monday as investors waited for indications on policy moves...
Turkish lira touches record low near 23.4 overnight Published 08 Jun, 2023 10:32am ISTANBUL: Turkiye lira weakened 0.8% to a record low on Thursday, extending its sharp drop from the previous...
Turkish lira down 7% in biggest selloff since 2021 crisis Updated 07 Jun, 2023 12:57pm ANKARA: Turkiye lira plunged 7% to a record low on Wednesday in its biggest daily selloff since a historic 2021...
Turkish lira hits new low as Erdogan selects cabinet Published 30 May, 2023 12:42pm ISTANBUL: Turkey’s lira weakened more than 1% to a fresh record low on Tuesday as President Tayyip Erdogan, having...
Turkish lira hits record low, stocks gain after Erdogan re-election Published 30 May, 2023 03:37am LONDON/GDANSK: Turkey’s lira hit fresh record lows against the dollar on Monday, though stocks rallied, after...
Turkish lira’s long decline a symbol of strife Published 28 May, 2023 12:21pm LONDON/ANKARA: As Turkey’s lira hit a record low ahead of the country’s election decider on Sunday, the currency is...
Turkish lira nears record low of 20 vs dollar ahead of election runoff Published 26 May, 2023 09:26am ISTANBUL: The Turkish lira weakened to a record low just off 20 against the dollar on Friday ahead of this weekend’s...
US dollar falls from five-week high Published 16 May, 2023 03:23am NEW YORK: The dollar slid from a five-week high on Monday, pressured by a weak manufacturing index in New York state...
Turkey central bank gross reserves seen down $5bn last week -bankers Published 25 Apr, 2023 12:39pm ANKARA: Turkish central bank total gross reserves are expected to have fallen more than $5 billion to about $116...
Turkish lira at record low near 19 to the dollar Published 09 Mar, 2023 03:00pm ANKARA: Turkey’s lira weakened to a fresh record low of 18.9525 against the dollar on Thursday, as economists weigh...
Turks’ forex holdings drop to $194.44bn Published 29 Dec, 2022 05:31pm ISTANBUL: Turkish locals’ forex and gold holdings dropped $5.04 billion in the week to Dec 23 when adjusted for the...
Turkish lira steps back from record low against dollar Published 27 Dec, 2022 06:07am ISTANBUL: Turkey’s lira briefly touched a record low of 18.8440 against the dollar early on Monday during low...
Turkish central bank revises securities maintenance ratio to 5% Published 18 Oct, 2022 10:14am ISTANBUL: The Turkish Central Bank said on Tuesday it revised the securities maintenance ratio to 5% from 3% and...
Turkish lira flat after shock rate cut weakening Published 19 Aug, 2022 10:25am ISTANBUL: The Turkish lira was steady against the U.S dollar on Friday after nearing record lows in the previous...
Turkish lira leads losses after rate cut Published 18 Aug, 2022 07:42pm The Turkish lira led losses among emerging market currencies on Thursday after the country’s central bank delivered...
Turkish lira falls Published 15 Jul, 2022 06:20am ANKARA: Turkey’s lira extended its recent losses on Thursday, weakening as far as 17.50, as the dollar’s broad...
Turkish lira surges 6% against dollar after lending curbs Updated 27 Jun, 2022 11:29am ISTANBUL: The Turkish lira rallied as much as 6% against the dollar on Monday after Turkey moved to restrict lira...
Turkish central bank’s net FX reserve fall to $8.15bn Published 16 Jun, 2022 05:10pm ISTANBUL: The Turkish central bank’s net international reserves fell some $2.37 billion to $8.15 billion in the week...
Turkish lira weakens slightly after volatile overnight trade Published 10 Jun, 2022 09:55am ISTANBUL: The Turkish lira traded slightly weaker on Friday, having given up late gains the previous evening after...
Turkish central bank’s net FX reserve rise to $12.19bn Published 02 Jun, 2022 05:46pm ISTANBUL: The Turkish central bank’s net international reserves rose some $2.63 billion to $12.19 billion in the...
Turkey’s recurring currency nightmare strikes again Published 30 May, 2022 12:51pm LONDON: Another 9% plunge in Turkey’s lira this month and debt market danger gauges at levels last seen during the...
Turkey’s lira falls beyond 16.3 vs dollar as FX need grows Published 25 May, 2022 06:06pm ANKARA: Turkey’s lira slid beyond 16.35 against the dollar on Wednesday to its weakest level since the depths of a...