Turkish lira

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Saving Turkish Lira

Saving Turkish Lira

Would Turkey's Central Bank take all necessary steps to combat inflation?

Will dollar be rejected as global currency?

Will dollar be rejected as global currency?

U.S. actions have provoked a number of countries to switch towards trading in national currencies, and Turkey is actively discussing it with Russia, China and other countries," Turkish President Recep Tayyip Erdogan’s …

Erdogan meets Trump’s challenge

Erdogan meets Trump’s challenge

The Turkish President announced Ankara's intention to switch to the national currency payments in relations with the leading trade partners

 Turkish lira plunges to record low against dollar

Turkish lira plunges to record low against dollar

Turkey’s national currency - lira tumbled to another record low against the dollar today. The lira traded down 9% against the U.S. dollar at 6.04 and briefly fell more than 12%.  Then lira pared some of its losses to trade at …