Turkish lira banknotes are seen in this illustration taken in Istanbul, Turkey November 23, 2021. REUTERS/Murad Sezer/Illustration/File Photo Purchase Licensing Rights ...

The continued easing in the speed of price rises means the inflation rate has for three months straight trended lower than at ...

A U.S. one dollar banknote is seen next to Turkish lira banknotes in this illustration taken in Istanbul, Turkey November 23, 2021. REUTERS/Murad Sezer/Illustration/File Photo Purchase Licensing ...

A worker counts Turkish liras banknotes in an exchange currency shop in Istanbul, Turkey, Tuesday, May 2, 2023. The Turkish lira tumbled to fresh record lows on Wednesday June 7, 2023 extending ...

Turkey’s lira hit fresh record lows against the US dollar on Monday after President Recep Tayyip Erdogan secured victory in Sunday’s presidential election, extending his increasingly ...

The lira also witnessed a brief and sharp plunge against the Japanese yen. “The Turkish lira movement was a mystery,” said Yoshio Iguchi, head of the market department at Traders Securities Co ...

Turkish annual consumer price inflation dipped more than expected to 33.52% in July, official data showed on Monday. Month-on ...

The lira has come under pressure since President Tayyip Erdogan was re-elected on May 28. It touched a record low of 23.16 against the dollar on Wednesday, bringing its losses this year to more ...

The lira slid past 20 against the dollar for the first time in Istanbul on Monday, weakening as much as 4.1%, before wiping out the losses to end the day little changed.

The lira fell more than 7% to trade around 23 to the U.S. dollar, the currency’s largest daily drop since late 2021 when the country was in the throes of a currency crisis.

Click to read the article in Turkish The smallest denomination banknote, 5 Turkish lira (TL), cannot purchase even one bread, said Bekir Başevirgen, CHP Manisa MP and Member of the Committee on ...