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April 27, 2024
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Turkey’s lira
Turkish inflation soars to 36%, highest in Erdogan era
Tuesday, 04 January 2022 02:39
Turkey's annual inflation rate surged to 36.1% last month, its highest in the 19 years that Tayyip Erdogan has ruled, laying bare the depths of a currency crisis engineered by the president's unorthodox interest rate-cutting.
Turkey's inflation exceeding 30%: Reports
Wednesday, 29 December 2021 00:55
Turkey's annual inflation rate is expected to have hit 30.6% in December, breaching the 30% level for the first time since 2003 as prices rose due to record lira volatility.
Turkish stock trading halted again due to rapid losses
Tuesday, 21 December 2021 03:22
Turkish stocks extended their losses following Friday’s rout, prompting a fresh automatic trading halt after the lira slid to a record low.
Thousands protest in Turkey against economic crisis
Monday, 13 December 2021 03:17
Thousands of workers and trade union members gathered in Kartal, Istanbul, on Sunday, to protest against the Turkish economic crisis and ask for higher minimum salaries.
Turkish president arrives in Doha to meet with Qatari officials
Tuesday, 07 December 2021 01:48
Turkish President Recep Tayyip Erdogan arrived in Doha on Monday at the head of a delegation to attend a meeting of the country's High Strategic Committee.
Turkish people protest against Erdogan's government over lira collapse
Wednesday, 24 November 2021 06:18
Turkish people took to the streets on Tuesday night to protest the deteriorating economic situation and the devaluation of the Turkish lira against the US dollar.
Turkish lira hits record low as central bank cuts interest rate
Friday, 19 November 2021 01:35
The Turkish lira sank to a record low against the dollar on Thursday after the central bank slashed interest rates for the third consecutive month following pressure to do so from the president.
Turkey’s lira hits new low as investors lose faith
Friday, 04 June 2021 07:46
The Turkish central bank’s current governor sought to reassure big foreign investors that worries about premature rate cuts were unjustified.
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