Turkish Central Bank to work on simulations for digital lira to assess its impact, while work is underway on determining ...

(Bloomberg) -- For months, the Turkish lira held the unfamiliar title of dullest currency in emerging markets. With pivotal elections looming, investors are bracing for a return to form. Whether ...

Households and corporations 'have largely maintained their preference for Turkish lira assets,' the central bank said in a ...

A currency crisis here is battering Turks’ confidence in their government’s ability to manage the economy, causing droves of people to buy U.S. dollars and sending crowds of people into the streets to ...

Turkish President Tayyip Erdogan said on Wednesday he will continue his battle against interest rates "to the end", sending the lira currency to new depths a day before the central bank is expected to ...

Shoppers from Bulgaria and Greece have flooded into Turkey to go on shopping sprees due to the country's declining lira currency. Turkey is currently in economic crisis, as inflation has climbed to ...

Turkish stocks and the lira fell Tuesday in the wake of a deadly 7.8 earthquake on Monday. Turkey's President Erdogan declared a state of emergency in areas hard hit by the natural disaster. Sharp ...

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ISTANBUL (Reuters) - Serap, a 23-year-old clerk at a clothes store in central Istanbul, is sure of who to blame for the precipitous slide in Turkey's lira currency. "This crisis is created by America, ...

DAMASCUS, Syria (AP) — The new 5,000 Syrian lira banknote that went into circulation on Sunday is the largest denomination in the country reeling from a decade of conflict and a crippling economic ...

President Tayyip Erdogan sent Turkey's lira currency to new all-time lows on Wednesday after he called for interest rate cuts in the next two months and said he spoke to the central bank's new ...

ROME — Bring back the lira! The lira? That currency of the many zeros that had Italians calculating the price of their pizzas in the thousands and rents in the millions? As improbable as it may seem, ...