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Jan 2026
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> Turkish Lira

> Turkish Lira

Turkish lira sinks while Erdogan buys a new 480,000-euro Mercedes

New allegations by the opposition about the Turkish president wasting money while the Turkish lira is sinking

Apple blocks sale of iPhones in Turkey, as the Lira continues its slide

It is not clear when Apple might resume sales in Turkey

Turkish Lira continues its fall hitting new record low

The currency lost 3% against the US dollar

Turkish Lira falls to new record low

The Turkish currency fell 1.5% to a new all-time low of 10,565 against the US dollar

Turkish Lira sets new record low dropping 1.3%

According to a Reuters poll, the Turkish central bank is expected to cut its key interest rate to 15% from 16% this week

Turkish Lira: New negative record – Reaches “10 to $1” due to Inflation

The currency has lost more than 24% of its value so far this year

Lira’s slump leaves Turks searching for hard-to-find medicines

Pharmacists are reporting supply problems with nearly 650 drugs, from painkillers & cough syrups to treatments for asthma, influenza & cancer

FT: Erdogan backs down in row with 10 western ambassadors

Pressure eases on lira after Turkey president retreats over envoys’ expulsion threat

Turkey’s currency reels under economic pressure

Downward spiral...

Erdogan sacks central bank deputy governor, sending Turkish lira further down

Erdogan this month fired bank governor Naci Agbal who had increased the country’s policy interest rate by a total of 875

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