Lira
Turkish Lira rebounds to help global shares regain footing
World share markets regained their footing on Aug. 14 as the threat from the collapse of the Turkish lira ebbed and reassuring German data offset signs of slowing growth in China.
Turkish business groups call for tighter monetary policy, diplomacy
Turkey's leading business groups said on Aug. 14 that tighter monetary policy is needed to stabilise the Turkish Lira and U.S.-Turkish disputes should be solved through diplomacy.
Lebanese businesspeople come to support of Turkish lira
Lebanese businesspeople have launched a solidarity campaign for the Turkish lira, which has recently lost ground against the dollar amid a raft of newly-imposed U.S. sanctions.
Lira facing 'speculative attack', says İşbank CEO
Turkey is under a speculative attack as the recent developments in the lira cannot be explained by the country's economic fundamentals, İşbank chief executive Adnan Bali said on Aug. 13.
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Turkey is a 'target of economic war,' Erdogan says
President Tayyip Erdogan denied on Saturday that Turkey is in a currency crisis, dismissing a plunge in the lira as "fluctuation"' which have nothing to do with economic fundamentals.
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Turkish competition authority fines Enerjisa units $26 mln
Turkey's competition authority imposed a 143 million Turkish Lira ($26.1 million) fine on Enerjisa units for abusing the dominant position in the market, the authority said in a statement on Aug. 9.
Turkish lira hits new low on worries over economy, US row
The Turkish Lira briefly tumbled to a fresh low near 6.5 per dollar on Aug. 10, as a deepening rift with the United States and intensifying worries about the state of the economy dragged on the currency again.
High inflation, interest rates hurt businesses: Top business body
A number of problems have been hindering businesses to raise their competitiveness and to take new investment decisions in Turkey, including a weaker Turkish Lira, rising inflation rates and high interest rates, the head of the country's to business association has said.
Emerging currencies including lira down as trade war escalates
Emerging currencies, including the Turkish Lira, and global stock markets were down on June 19 as the tit-for-tat trade war between the United States and China escalated.
Appreciation of the Turkish Lira by 3% Against the Dollar
The Turkish lira rose nearly 3% against the US dollar. This happened after the Central Bank of Turkey decided to simplify its monetary policy.