Turkey has raised the withholding tax on short-term Turkish lira deposits and investment funds by 2.5 percentage points, a ...

The Turkish central bank announced on Saturday new measures to 'strengthen the monetary transmission mechanism and support the transition to the ...

The Turkish lira collapsed to a record low against the US dollar even as signs emerged that the Federal Reserve would slash interest rates in September. The USD/TRY exchange rate soared to 34 ...