One step considered is lowering the taxes on lira deposits and funds to encourage savings in the local currency, they said. The discussions stem from a major fallout in the lira, stocks and bonds ...

The currency was trading down 0.4% at 37.9482 per dollar at 6:17 p.m. in Istanbul on Friday, extending its losses over the past five days to 3.7% — its worst performance since June 2023. Losses ...

So, is lira a good currency to buy in 2025 as ING analysts ... It was also a bigger drop than the 2023 high of 84.5%, and a sign that the country is beating inflation. Still, it has the highest ...

Syrian lira' by removing two zeros from the current currency, which has become an urgent necessity, Syrian economist George ...

The Turkish lira (TRY) fell to a record low against the dollar following the surprise arrest of President Recep Tayyip Erdogan's rival and Istanbul mayor Ekrem Imamoglu. The currency slumped a ...

(Bloomberg) -- The Turkish lira headed for its steepest weekly drop in nearly two years and stocks slumped as an emergency interest-rate increase failed to halt the currency’s retreat amid ...