Yesterday’s post flagged that Turkey’s “core” trade deficit in goods excluding gold and energy imports has widened back to ...

The Turkish lira continued its freefall this year and is hovering at its record low, a trend that may continue after the recent macro data from the country. The USD/TRY exchange rate rose to 43.85, up ...

Add Yahoo as a preferred source to see more of our stories on Google. Turkish lira bills are seen fanned out. Can Merey/dpa The Turkish lira sank to a record low against the US dollar and fell against ...

Citigroup Inc. and JPMorgan Chase & Co. are among banks recommending buying the Turkish lira as the spread between offshore and onshore yields widens, signaling foreign investors are betting on the ...

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LONDON/ANKARA (Reuters) - As Turkey's lira hit a record low ahead of the country's election decider on Sunday, the currency is looking increasingly dysfunctional with investors concerned about what ...

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 ...

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The Turkish lira slumped to fresh all-time lows Tuesday, extending its slide. The currency was last trading at 20.15 against the greenback. Earlier it had touched 20.2 levels to the dollar. The ...