Turkish lira
Illegal fishers fined $2.4M in 2019 in Turkey
So far in 2019, Turkish illegal fishers were given 14.1 million Turkish lira ($2.4 million) in administrative fines during coast guard
inspections, the Coast Guard Command said on Sept. 5.
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Central Bank enables long-term lira swaps
The Central Bank of Turkey (CBRT) has announced that Turkish lira currency swap transactions would be executed with widened periods.
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Turkish lira firms after Trump says US not looking at sanctions on Turkey
The Turkish lira firmed on Thursday afternoon after US President Donald Trump said the United States is not currently looking at sanctioning Turkey over its purchase of Russian air defence systems.
Turkey says would retaliate against US sanctions over Russian S-400s
Turkey will "take reciprocal steps" if the United States imposes sanctions over the purchase of Russian S-400 defense systems, Turkish Foreign Minister Mevlut Cavusoglu said on Friday.
The Turkish lira weakened briefly to 5.9075 against US dollar after the comment, to its weakest level in two weeks.
Turkish watchdog says it fines Facebook $271,000 for data breach
Turkey's Personal Data Protection Authority (KVKK) said on May 10 it had fined Facebook a total of 1.65 million lira (around $270,976.01) in April due to a data breach.
Central bank suspends repo auctions
Turkey's Central Bank has suspended its one-week repo auctions in a bid to defend the Turkish Lira.
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Amidst row with US, Erdogan’s Istanbul poll re-run another blow to economy
Turkey's long road to economic reform may have grown bumpier this week when authorities ordered a re-run of an Istanbul city election, further testing the patience of investors seeking a break with policies that triggered last year's currency crisis.
Türk Telekom doubles profit in first quarter
Türk Telekom has announced that its net income in the first quarter of 2019 soared 183 percent on an annual basis to 2.2 billion Turkish Liras.
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Turkey sharpening SMEs’ competitive edge: Tech minister
Turkey has invested some 566 million Turkish lira ($103 million) in subsidies to its small- and medium-sized enterprises (SMEs) in the first three months of 2019, according to official figures released on April 14.
Greek fish farming suffering from fierce competition after lira drop
The impact of the collapse in the Turkish lira last year had a predictable impact on Greek fish farming sales.
Although Greek aquaculture companies managed to sell greater quantities in 2018, according to the financial figures they released, the average sale prices dived due to pressures in foreign markets from the much cheaper Turkish fish.