"We are buying only the absolute necessary and cheapest brands out there"
Turkish Lira
“The legitimacy of Erdoğan and his regime has been weakening and the question of succession had become very salient”
Mikhail Fridman grabbed the opportunity of a short-lived rebound in the lira and a rally in global markets
30-40 MPs threaten to resign Bahceli's nationalist party, Erdogan's government partner
Murat Uysal had been appointed in July 2019
It derived the number from calculating the difference between the actual & expected changes in net foreign assets of the central bank
The currency dropped as much as 1.4% to 8.5434 per dollar Tuesday and breached the level of 10 per euro for the first time
Currency nears key level of 8 to the dollar after policymakers return to "stealth tightening"
Investors are afraid of the impact of the new conflict between Armenia and Azerbaijan over Nagorno-Karabakh
Turkey’s standing with investors has suffered as Erdogan pursued an approach that prioritized growth above all else