Turkey's finance minister, Mehmet Simsek, expects the lira to continue strengthening in inflation-adjusted terms as long as ...

Turkey increased withholding tax on deposits and funds in an attempt to support its budget, while also potentially making ...

Turkey is planning to increase the tax on lira deposits and money market funds in coming days, as it seeks to narrow a budget ...

By Akin Nazli in Belgrade Turkey’s central bank on February 7 hiked its end-2025 official inflation 'target' to 24% y/y in ...

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Welcome to the Turkish Lira exchange rate & live currency converter page. The Turkish Lira (TRY) exchange rates represented on this page are live, updated every minute within the forex market's ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The key problem that Turkey faces is the sliding value of its currency and the government’s low foreign currency reserves. This range of currency options is great for investors, but a problem for the ...

The EBRD expects Turkey to post a GDP gain for 2024 of 2.7%, rising to 3% in 2025. Private consumption will be the biggest ...

(Bloomberg) -- Excess liquidity in Turkey’s financial system swelled to a record one trillion lira ($28.2 billion) this week, as the central bank accelerated dollar purchases. Turkey has been ...

Foreign investors are flocking to Turkey's local debt markets, saying they are impressed by interest rate cuts and easing inflation and are hoping that a regional transformation could further boost ...

Turkey usually does its first issue of the year in January or February. It has funding needs of $11bn this year on international markets, a bit higher than last year’s $10bn, although last year it ...