#lira

Turkish Cypriot pharmacies are the latest victims of the Turkish lira crisis as medicine shortages in the north have spiked in recent weeks, dangerously affecting patients who depend on certain ...

Turkey’s lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to more than 20 per cent this year, due to concerns about a surge in inflation to ...

A six-day slide in Turkey’s lira has left traders predicting that authorities are now targeting a new level, as weak as 15.5 to the dollar, in a months-long effort to ...

President Tayyip Erdogan repeated his unorthodox economic policy on Saturday, saying interest rates would be lowered further and inflation would fall as a result, days before inflation data for January ...

Turkey’s central bank has scaled back its currency interventions in January but still spent as much as $1 billion last week to keep the lira steady after last month’s ...

Turkey’s lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings. Erdogan introduced ...

The Turkish lira edged to near record lows on Friday as concerns about President Tayyip Erdogan’s low interest rate policy were fueled by a central bank survey showing one ...

As the economic crisis deepens in the north due to the freefall of the Turkish lira calls have increased over the need to introduce a more stable currency while shop ...

As the Turkish lira continues its freefall, Turkish Cypriots react with a combination of helplessness and resourcefulness At a trendy cafe-bar across the Green Line in northern Nicosia, the lira’...