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 ...

The Turkish lira crashed to a record low after Donald Trump’s swearing-in and as traders wait for the next interest rate ...

Turkey's central bank has lowered its policy rate by 250 basis points to 45% from 47.5%, according to a Thursday, January 23, ...

Excess liquidity in Turkey’s financial system swelled to a record one trillion lira ($28.2 billion) this week, as the central ...