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Tuesday
10
Feb 2026
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Athens 11°C

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Gold pound: Selling price exceeds €1,000 – 150,000 transactions in 2025

60% of transactions involved sales, according to Bank of Greece data

Turkish Lira falls to historic low

Bankers said the lira's weakness was due, in part, to a Reuters telegram, citing sources saying that Turkish President Recep Tayyip Erdogan was losing confidence in the central bank Governor

Moody’s Investors Service downgrades 13 Turkish banks

The negative outlooks reflect the downside risks associated with a balance of payments crisis, which could lead to capital controls and restrictions on foreign currency outflows

Erdogan forcing commercial banks to raise their foreign currency in the Turkish central bank

The Turkish President is trying to hold the failing currency