Turks pay price for Erdogan’s financial policies
As Turkey’s lira plummets food prices have doubled over the last year with more increases expected. Turkey’s official inflation in…
Tag: Turkish lira
Turkey’s financial markets flounder as Erdogan’s policies baffle employers
Turkey stopped trading on all listed stocks after sudden drops triggered a circuit breaker, with the lira falling further and…
Turkish lira tumbles but Erdogan continues to defy economic logic on interest rates
Turkey’s lira has tumbled in recent months as President Recep Tayyip Erdogan cuts interest rates despite rising consumer prices. Erdogan…
Turkish lira flounders amid govt inaction
Turkey’s overdue move to raise interest rates in an attempt to rescue the lira has failed to convince investors of…
Turkey struggles to plug deficit
Turkey may sell as much as US$8 billion in debt, according to a regulatory filing in Washington, a sign Ankara…