content tagged with lira

Turkish Lira crashes to new low, USD exchange rate tops 15 lira

Turkish Lira crashes to new low, USD exchange rate tops 15 lira

Ahead of the Monetary Policy Committee meeting of the Central Bank today, December 16, the depreciation of the Turkish Lira has continued amid expectations that the policy rate will be cut further.

16 December 2021

Will Turkey declare state of emergency over economic crisis?

Will Turkey declare state of emergency over economic crisis?

A law professor close to the president suggested that "we should be prepared for a state of emergency due to the economic crisis." Economics Mustafa Sönmez has commented about the issue.

15 December 2021 Hikmet Adal

USD exchange rate against lira on the increase: Almost 10 lira

USD exchange rate against lira on the increase: Almost 10 lira

The depreciation of the Turkish Lira (TRY) has gained pace. The exchange rate of the US dollar topped 9.97 TRY today, on November 11.

11 November 2021