Revaluation of the Turkish Lira
Turkish lira gains value against US dollar on eve of Central Bank meeting
The Turkish lira gained ground against the U.S. dollar on Sept. 12 ahead of the monetary policy committee meeting of the Turkish Central Bank.
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.
Turkish Lira with a New Record Drop
Turkish lira collapsed by another 5 percent against the dollar on Wednesday, reflecting investors' concerns about President Recep Tayyip Erdogan's controversial monetary policy.
The Turkish central bank is under pressure to hold an extraordinary meeting to raise interest rates ahead of the planned June 7 meeting, but it is undesirable, as Erdogan wants low interest rates.
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Ankara struggles to prop up plunging Turkish Lira
Ankara has been struggling to prop up the embattled Turkish Lira, which fell more than 5 percent against the dollar to hit a new record level of 4.9290 on May 23, edging closer to the psychological level of 5 to the dollar.
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Turkish Central Bank takes liquidity steps as lira hits record lows
The Central Bank introduced additional liquidity measures to shore up the Turkish Lira on May 9 after the currency slid to a record low against the dollar.
Turkish Lira keeps sliding against dollar, euro
The Turkish Lira dropped past 4 per U.S. dollar for the second time in its history early on March 28, coming closer to record levels. The lira plunged to 4.0012 against the U.S. dollar, falling 0.45 percent in the early hours of the trading hours in Turkey, according to Doğan News Agency.
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Turkish Lira continues fall against dollar, euro amid risks
The Turkish Lira continued to decline against both the U.S. dollar and the euro on March 13 amid a series of negative developments.
Turkish Central Bank to launch lira-settled auctions
Turkish Central Bank on Nov. 18 said it has decided to launch Turkish lira-settled forward foreign exchange sale auctions.
Dollar rises to 3.9 against lira amid concerns
The Turkish Lira slid against the U.S. dollar on Nov. 8 amid a number of concerns which put pressures on the Turkish currency, including ongoing strains in Turkish-U.S. ties.
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Turkish lira sees record low against dollar
The Turkish lira hit a new low against the U.S. dollar on Jan. 11 morning following the Central Bank's liquidity boost a day earlier.
The lira fell to a historic low of 3.8950 to the dollar early on Jan. 11 trading after starting the day at around 3.8220.
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