Tag: Turkish lira crisis

President Recep Tayyip Erdogan's support for a low interest rate policy despite high inflation led to a currency crisis in ...

The lira fell to 20.70 per dollar by 0830 GMT, according to Reuters data, recording a decline of more than ...

Although not the primary possibility, the Wall Street-listed bank said problems could flare if savers and companies become concerned that ...

By 0532 GMT, the lira fell to 16.56 per dollar. And recent losses brought it back toward record lows hit ...

The minimum wage for 2021 was about 2825 liras per month, and its value fell against the dollar to 185 ...