The Turkish lira sank to new lows against the U.S. dollar on Wednesday, as concerns mounted over challenges facing the country’s new finance minister, and after a report that state lenders have ...

Investing.com - Barclays expects Turkish authorities to maintain the current pace of lira depreciation as an ...

That does not necessarily mean the Turkish lira is cheap. Right now, given Turkey’s almost US scale current account deficit (close to 5% of GDP), the lira probably is a bit overvalued. Turkey is going ...

The beleaguered lira has fallen some 37% against the U.S. benchmark over the past year, as monetary policymakers try to combat double-digit inflation by steadily raising interest rates. Inflation in ...

ANKARA, Sept 26 (Reuters) - The Turkish lira TRYTOM=D3 weakened to a record low beyond 27.236 against the U.S. dollar on Tuesday, due to inflationary pressure and a strengthening dollar, bringing its ...

The dollar has been rising versus the Turkish lira since it became apparent that Turkey was heading for an election runoff that President Recep Tayyip Erdogan would be likely to win, and analysts at ...

The Turkish lira sank to a new low against the dollar on Wednesday, more than a week after the re-election of President Erdogan. The Turkish lira had been propped up ...