ANKARA, Turkey (AP) — Turkey’s beleaguered currency has been plunging to all-time lows against the U.S. dollar and the euro in recent months as President Recep Tayyip Erdogan presses ahead with a ...
(Bloomberg) -- Turkish inflation probably surged to almost 70% in March, as the lira weakened on concerns Sunday’s local elections could have prompted a currency rout. Analysts expect data due on ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ANKARA, Turkey (AP) — The Turkish currency ...
Despite his disastrous economic policies over the past few years, Turkey’s President Recep Tayyip Erdoğan appears to be well on the path to reelection. In last weekend’s first-round presidential ...
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 ...
The Turkish lira hit an all-time low against the Euro and the US dollar, trading at nearly 44 lira for one euro and 39 lira for one dollar. Erratic monetary policy, political instability, and external ...
Recep Tayyip Erdogan can thank the Turkish lira for his rise to power. A financial crisis that delegitimized mainstream politicians propelled his campaign. The lira’s 30 percent drop versus the dollar ...
The beleaguered lira has fallen some 37% against the U.S. benchmark over the past year, as monetary policymakers try to combat double-digit inflation by steadily raising interest rates. Inflation in ...
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