ISTANBUL: Turkey’s central bank slashed its key interest rate by a more than expected 425 basis points to 19.75 percent Thursday to spur a recession-hit...
ISTANBUL: Turkey’s lira weakened Monday after President Recep Tayyip Erdogan dismissed the central bank governor, reigniting concerns about political...
ISTANBUL: The Turkish lira strengthened against the dollar Friday as a cut in taxes on lira bank deposits helped rein in losses from a day earlier, when...
ISTANBUL: Turkey warned Monday that U.S. trade sanctions against it could destabilize the Middle East and ultimately bolster terrorism and the refugee crisis,...
ISTANBUL/ANKARA: President Recep Tayyip Erdogan told Turks Friday to exchange their gold and dollars into liras, with the currency in free fall as U.S....
ANKARA / ISTANBUL: President Recep Tayyip Erdogan accused Turkey’s enemies Thursday of using currency speculation to try to topple the state and urged the...
ISTANBUL: Turkey raised interest rates for the first time in nearly three years Thursday, hiking its benchmark rate by a more-than-expected 50 basis points as...