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Turkey heads for a currency crisis as the lira plummets - Vimarsana News

Turkey heads for a currency crisis as the lira plummets

The Turkish lira has lost 40% of its value so far this year after the central bank bowed to pressure to cut interest rates.

Lira drops 3% near record low as Turkey stumbles into unknown - Vimarsana News

Lira drops 3% near record low as Turkey stumbles into unknown

ISTANBUL (Reuters) - Turkey's lira tumbled anew on Wednesday towards a record low, gripped by worries over soaring inflation and other economic fallou...

Source: wsau.com
Turkish lira declines 15% after Erdogan boosts fire sales Reuters - Vimarsana News

Turkish lira declines 15% after Erdogan boosts fire sales Reuters

2/2 © Reuters. FILE PHOTO: A currency exchange holds Turkish lira banknotes in Ankara, Turkey, on September 27, 2021. REUTERS / Cagla Gurdogan / Photo

Exclusive-Turkey's state banks likely to follow central bank and slash rates on Monday -sources - Vimarsana News

Exclusive-Turkey's state banks likely to follow central bank and slash rates on Monday -sources

ISTANBUL -Turkey's state banks are expected to cut borrowing costs on loans by around 200 basis points on Monday, according to three people with knowledge of the plan, following last week's...

Turkish lira hits record low after Erdogan seeks expulsions - Vimarsana News

Turkish lira hits record low after Erdogan seeks expulsions

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