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Wednesday
17
Dec 2025
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Athens 17°C

> Turkish Lira

> Turkish Lira

Turkey state banks prop up Lira ahead of Syria incursion

"Turkey’s poor external position means that the mere threat of more action would weigh on the lira and may force the central bank to reverse its easing cycle"

Turkey’s economy similar to before 2001 financial crash: Ex-central bank governor

"The country is currently dealing with the results of several problems stemming from the public and the administration"

Turkish lira slides on trade war unease, hit by “flash crash”

After having gained in recent months, the lira has been newly pressured by concerns over possibly rapid loan growth

Erdogan economics weaponized as Central Bank looks to cut rates

Erdogan’s power grab was years in the making, a culmination of his distaste for high rates that’s been linked to Islamic proscriptions on usury

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