Turkey’s lira has plunged 7% to a record low in its biggest daily selloff since a historic 2021 crash, ... Turkish lira crashes as new government sets sights on ‘rational’ policies ...

The Turkish president’s tendency to intervene in setting monetary policy, firing central bankers and finance ministers who don’t agree with his rate-cutting gamble, has undermined the lira.

Turkish new lira banknotes are available in denominations of 5, 10, 20, 50, 100, and 200 lira. Coins are issued in values of 1, 5, 10, 25, and 50 kuruş, as well as 1 lira.

The Turkish lira eased a further 0.85% against the dollar on Wednesday, weakening for a fifth session and bringing the currency back towards the lows it hit in late December after a series of ...

But the Turkish lira crisis next door and skyrocketing inflation have made running his small business a nightmare. ... it will cost three lira ($0.24) to produce a bundle of bread, ...

Turkish President Recep Tayyip Erdogan’s historic run-off re-election raised hopes for economic stability and appreciation of the Turkish lira against the US dollar. However, after the May 28 ...

The lira fell as much as 8.6% intraday on Tuesday and rose as much as 18.5% on its second-largest daily range, behind Monday's record swings. It closed the session up 6% at 12.4 per dollar.

The Turkish lira fell as much as 3.5% against the U.S. dollar Wednesday on escalating concerns over Turkey’s economy and security. The decline marked the biggest daily drop since a failed coup ...

The Turkish lira has now weakened by around 20% against the dollar since the start of the year. It has raised fears of even higher prices for people already struggling to afford basics like ...

Turkey's currency dropped again Monday as the country wrestled with a crisis that has rattled markets around the world. The Turkish lira plunged as much as 11% against the dollar, hitting a record ...