Stay updated with breaking news from Nevzat Devranoglu. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
ANKARA — Turkey’s lira closed out its strongest week on record on Friday, spiking more than 50% with the support of billions of dollars of state-backed market…
By Nevzat Devranoglu and Jonathan Spicer
The Turkish currency was highly volatile again on Tuesday as traders digested measures proposed by President Tayyip Erdogan and the Turkish central bank to guard local currency savings against...
ANKARA (Reuters) - Turkey's lira gained more steam and was up 7% on Tuesday following a historic 25% recovery from record lows, after President Tayyip Erdogan unveiled a plan he said would guarantee local currency deposits against market fluctuations.
Turkey's lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings....