The Turkish lira crashed to a record low after Donald Trump’s swearing-in and as traders wait for the next interest rate decision. The USD/TRY exchange rate rose to a record high of 35.60 ...

The purchasing power of the lira is tragically vanishing right before Turkish citizens ... it’s easy to look at what’s happening in Turkey and see just another emerging market on the other side of the ...

The post USD/TRY: As the Turkish lira slips, will it stage a yen-like rally? appeared first on Invezz ...

When Naci Ağbal, head of the Turkish central bank, hiked interest rates on March 18, markets responded with kindness. The value of the Turkish lira shot up by four percent ... says Shen: “If he does ...

According to experts, the dip in the rupee happened primarily due to the Turkish lira falling nearly 8% in one day. At the end of yesterday, the rupee was the worst performing Asian currency.