The Turkish lira sank to a record low against the US dollar and fell against the euro on Wednesday, as stocks in Istanbul dropped 6% following the detention of Turkish President Recep Tayyip Erdoğan's ...

The Turkish lira fell to a record low against the dollar and the country's benchmark stock index dropped by as much as 7% following the surprise arrest of Istanbul mayor Ekrem Imamoglu — a rival of ...

ISTANBUL (Reuters) - The Turkish lira weakened against the dollar on Friday on concerns about the situation in Ukraine and after Moody's said the political situation at home was likely to remain ...

The dollar recovered a bit, along with Treasury yields, as markets braced for a substantial downward revision of U.S. jobs data covering a full year.

Turkey's monthly inflation rate is expected to be 1.79% in August, while the annual rate is seen dipping to 32.6%, a Reuters ...

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 its ...

The Turkish lira’s sharp fall on news that Turkish President Recep Tayyip Erdogan’s key rival was arrested will complicate the central bank’s task of lowering inflation, Capital Economics economist ...