(March 6): Türkiye has spent US$12 billion, equal to roughly 15% of its foreign-currency reserves, to keep the lira stable ...

Yesterday’s post flagged that Turkey’s “core” trade deficit in goods excluding gold and energy imports has widened back to ...

Add Yahoo as a preferred source to see more of our stories on Google. Turkish lira bills are seen fanned out. Can Merey/dpa The Turkish lira sank to a record low against the US dollar and fell against ...

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 ...

Citigroup Inc. and JPMorgan Chase & Co. are among banks recommending buying the Turkish lira as the spread between offshore and onshore yields widens, signaling foreign investors are betting on the ...

The beleaguered lira has fallen some 37% against the U.S. benchmark over the past year, as monetary policymakers try to combat double-digit inflation by steadily raising interest rates. Inflation in ...

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The Turkish lira slumped to fresh all-time lows Tuesday, extending its slide. The currency was last trading at 20.15 against the greenback. Earlier it had touched 20.2 levels to the dollar. The ...

© 2026 Forbes Media LLC. All Rights Reserved.

The Turkish lira accounted for 75% of all fiat volume in early September, which can be tied to the recent influx of crypto investors in the Turkish market. The Turkish lira became the most dominant ...