Allianz Global Investors is sticking with its bet on Turkey’s longest-maturity local debt, making it an outlier among foreign ...

Converting Turkish Lira (TRY) to US Dollar (USD) in 2022 with the best, worst and average exchange rates of the year Saturday 1 January 2022 ₤1 TRY = $0.0751 TRY/USD rate for 01/01/2022 Sunday 2 ...

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However, the actual fee currently stands at TRY 3.16, with Erdogan subsidising TRY 2.16 to achieve TRY 1, according to calculations by Demir. It was in 2021 that the nominal value of Turkish lira ...

Gold surges $2,910 per ounce on Tuesday, holding at all-time highs as heightened trade tensions, economic uncertainty fueled ...

Turkey increased withholding tax on deposits and funds in an attempt to support its budget, while also potentially making ...

It also followed that capital injection with an additional $1.6 billion injection into its largest ... Despite all of these efforts by Turkish authorities, inflation continues to soar and the lira ...