#turkish lira

Turkey’s lira wobbled near record lows against the dollar as President Tayyip Erdogan secured victory in the country’s presidential election on Sunday, extending his increasingly authoritarian rule into ...

By Esra Aygin The crisis in the northern part of Cyprus has gone beyond an economic crisis and become a humanitarian one, according to one Turkish Cypriot economist. Between January 1 ...

President Tayyip Erdogan said on Friday that Turks should keep all their savings in lira and that recent exchange rate volatility was largely under control after the lira weakened sharply ...

The minimum wage in the north is set to rise by 40 per cent after the ‘minimum wage committee’ met on Wednesday following a rollercoaster week for the Turkish lira. The ...

Turkey’s lira gained more steam and was up 7% on Tuesday following a historic 25% recovery from record lows, after President Tayyip Erdogan , Turkish liraunveiled a plan he said would guarantee ...

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 ...

Turkish President Tayyip Erdogan said on Saturday he hoped that volatile foreign-exchange and inflation rates would stabilise shortly and he again promised low interest rates, after a historic plunge in ...

The freefall of the Turkish lira is among the main concerns in the north with people seeing the prices of goods and their loan instalments in foreign currency skyrocket, while ...