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Scott McLean, Ipek Yezdani and Anna Cooban, CNN March 20, 2024 at 8:27 AM Copied Turks pile into the dollar, gold and stocks as 67% inflation savages ‘worthless lira’ ...
The continued easing in the speed of price rises means the inflation rate has for three months straight trended lower than at ...
Turkey's lira took a 7% nosedive on Wednesday as the country's newly re-elected government appeared to be abandoning its costly 18-month strategy of keeping the currency on a tight leash by any ...
Erdogan's policy shift on rates lures back investors Returns on local government bonds beat wider index Turkish stocks are up 45% year to date, lira stabilising Vanguard says Turkish CDS could be ...
“Right now our money is almost worthless. Since people haven’t seen inflation fall, they don’t trust the Turkish lira anymore,” explained Adnan Kapukaya, a trader and market expert.
“Right now our money is almost worthless. Since people haven’t seen inflation fall, they don’t trust the Turkish lira anymore,” explained Adnan Kapukaya, a trader and market expert.
“Right now our money is almost worthless. Since people haven’t seen inflation fall, they don’t trust the Turkish lira anymore,” explained Adnan Kapukaya, a trader and market expert.