At 0705 GMT, the lira stood at 6.0240 against the U.S. currency, compared with a close of 6.0315 on Monday. A currency crisis last year wiped nearly 30% off the lira's value against the dollar.

The Federal Reserve's credibility forms the bedrock of global monetary stability. Trump's assault on its independence ...

We now expect the CBT to cut by 300bp at the upcoming MPC meeting in September, followed by two more 250bp cuts to 35.0% by ...

In the past two years, Türkiye’s economy has undergone one of the most aggressive reorientations in its modern history. Interest rates have risen by over 40 percentage points while inflation has ...

The record low for the Turkish lira comes after a week of heightened political tension, including the recent detention of ...

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 ...

Turkish lira weakens ahead of c.bank meeting at 11 GMT Russian rouble falls as central bank cuts rates to 11% Hungary's blue-chip stocks drop on govt plan for windfall taxes * Yuan hits near one ...