Turkey's international bonds and lira currency weakened on Monday, and the cost of insuring government debt against default ...

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 ...

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.

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, ...

Turkey’s lira-denominated bonds erased their year-to-date losses after a court’s decision to postpone its ruling on the ...

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 lira's long decline a symbol of strife. By Marc Jones and Nevzat Devranoglu. May 28, 2023 7:03 AM UTC Updated May 28, 2023 A merchant counts Turkish lira banknotes at the ...

The Turkish lira has plunged more than 35% against the US dollar this year. Concerns are mounting that the decline will start to hit European banks, even as the Turkish government promises to ...

Turkish lira hits record low ahead of rate decision. By Nevzat Devranoglu and Daren Butler. July 18, 2023 3:13 PM UTC Updated July 18, 2023 Item 1 of 2 People queue at a currency ...

Turkish Lira’s Borrowing Cost Shoots Up on Offshore Markets. Swapping dollars for lira comes with interest rates as high as 1,000%, traders say, as Turkey restricts access to its currency. By .

ISTANBUL—The Turkish lira sank to a record low against the dollar on Thursday, hit by expectations that the central bank may cut interest rates as soon as next week. The lira dropped more than 1 ...