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

The cost of producing a one-lira coin has reached Turkish lira (TRY ... that has taken hold in Turkey across recent years, banknotes and coins in circulation have lost significant value.

The value of the Turkish lira shot up by four percent. Within just four months in office, Ağbal managed to put out the fires surrounding the fragile Turkish economy. During his tenure, the lira ...

The bank reduced its policy rate by 250 basis points in December while aiming to maintain financial market interest in the Turkish lira, said Marek Drimal, an economist and strategist. Drimal ...

(Bloomberg) -- Excess liquidity in Turkey’s financial system swelled to a record one trillion lira ($28.2 billion) this week, as the central bank accelerated dollar purchases. Turkey has been ...