Tag: Lira

Turkish lira hits fresh 18-month low as virus infections surge
FINANCE
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FINANCE
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Turkish lira hits fresh 18-month low as virus infections surge

Panos - Mar 24, 2020

Turkey’s lira extended its lowest levels since September 2018 on Monday as confirmed infections from the coronavirus rose by nearly one-third in a day, weighing on market…

FINANCE
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Turkish inflation rate jumps above 25% on lira weakness

Panos - Nov 06, 2018

Turkey’s inflation rate rose above 25 per cent in October after a currency crisis this summer made white goods, food and housing more expensive and forced the…

FINANCE
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Turkish lira continues its freefall

makis - May 21, 2018

The Turkish lira has continued to plummet so far in 2018, sinking to fresh all-time lows as a worrisome cocktail of economic developments diminished demand for Turkish…

FINANCE
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Turkish lira in free fall, German Handelsblatt writes

makis - Apr 11, 2018

The Turkish Lira is in a free fall due to the central bank’s decision to adhere to the dictates of Turkish Recep Erdogan, German newspaper Handelsblatt claims.…

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Record low for the Turkish Lira against the Euro

makis - Mar 19, 2018

Amid intense fears about Turkey’s macroeconomic outlook and general financial worries the Turkish Lira tumbled to a record low of nearly 4.84 against the euro on March…