lira

Breadcrumb Trail Links PMN Business Author of the article: Reuters Bansari Mayur Kamdar Published Jan 23, 2023  •  2 minute read Join the conversation…

© Reuters. FILE PHOTO: Turkey's Central Bank headquarters is seen in Ankara, Turkey in this January 24, 2014 file photo. REUTERS/Umit Bektas//File Photo By Nevzat Devranoglu and Ezgi…

Turkish companies could be forced to start selling their foreign currency holdings after a new directive was issued that bankers and analysts described as a fresh step down the path…

Turkey’s lira continued its slide towards a record low after President Recep Tayyip Erdoğan vowed once again to cut interest rates despite spiralling inflation.The currency fell to 17…

© Reuters. ISTANBUL (Reuters) - The capital of Turkey's Ziraat Bank will be raised to 34.9 billion lira ($2.57 billion) according to footnotes of the bank's annual financial report,…

Turkey spent more than $7bn on propping up the lira in December, official data showed, as analysts warned that backdoor interventions meant that the true toll of the currency defence…

Issued on: 04/01/2022 - 01:30 Turkey's annual inflation rate surged to its highest level since 2002, official data showed Monday,…

2/2 © Reuters. Turkish lira banknote is seen placed on U.S. Dollar banknotes in this illustration taken, November 28, 2021. REUTERS/Dado Ruvic/Illustration 2/2 ISTANBUL (Reuters)…

Breadcrumb Trail Links PMN Business Author of the article: Reuters Nevzat Devranoglu Article content ANKARA — Turkey’s lira weakened as much as 2% on Tuesday,…

© Reuters. FILE PHOTO: A money changer counts Turkish lira banknotes at a currency exchange office in Ankara, Turkey September 27, 2021. REUTERS/Cagla Gurdogan By Daren Butler ISTANBUL…