Istanbul/London (CNN) — Down a dimly lit alleyway tucked just inside Istanbul’s Grand Bazaar, a few dozen men are packed together, shouting, waving, and frantically speaking on their phones, others ...
Turkish demand for gold bars and coins surged, with a record of 98 tons in the first half of 2023 due to economic challenges. Inflation and government policies led to increased gold demand, even as ...
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 ...
(Bloomberg) -- Turkey’s lira reversed earlier losses and surged against the dollar on Monday as President Recep Tayyip Erdogan indicated he’ll give his economic team more time to produce results ...
The USD/TRY exchange rate has continued its strong rally this year as the Turkish lira plunged to its lowest level on record. It was trading at 36.32 on Thursday, up from the year-to-date low of 35.14 ...
Turkey’s currency and stocks have decoupled from each other by the most in a quarter century as local and foreign investors respond differently to the nation’s return to orthodox policies. The lira ...
Turkey’s lira hit fresh record lows against the US dollar on Monday after President Recep Tayyip Erdogan secured victory in Sunday’s presidential election, extending his increasingly authoritarian ...
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