lira

The Turkish Lira (TRY) has become the third largest fiat currency used in cryptocurrency trading. according to Report from Caico ResearchThe growing market share of the Turkish Lira has pushed it to surpass the Euro (EUR), capturing 19%…

© Reuters. FILE PHOTO: A logo of Amundi is seen outside the company headquarters in Paris, France, February 3, 2023. REUTERS/Sarah Meyssonnier/File Photo By Marc Jones LONDON (Reuters) - Amundi, Europe's largest asset manager and among…

© Reuters. JPMorgan strategists are holding off on purchasing Turkey's longest-maturity lira bonds until yields reach 35.7%. The team's decision comes in response to the Central Bank of Turkey's recent actions, which have driven the…

In a significant move aimed at bolstering the lira, Turkey has increased the cost for banks to provide short-term deposits, a policy change that forms part of a $124 billion government-backed lira savings program. The new regulation…

The central bank raised the country's key interest rate from 8.5% to 15% last month. Despite the decline of the Turkish lira after the re-election of President Recep Tayyip Erdogan, the inflation rate in Turkey is showing signs of…

© Reuters. FILE PHOTO: A woman holds Turkish lira banknotes in this illustration taken on May 30, 2022. REUTERS/Dado Ruvić/Illustration ISTANBUL (Reuters) - The Turkish lira fell 1.8 percent to a new record low against the US dollar…

© Reuters. FILE PHOTO: The headquarters of the Central Bank of Turkey in Ankara, Turkey on January 24, 2014 file photo. Photograph: Umit Bektas/Reuters LONDON (Reuters) - Turkey's new central bank governor Hafiz Cey Erkan hiked…

© Reuters. A woman holds Turkish lira banknotes in this illustration taken on May 30, 2022. REUTERS/Dado Ruvić/Illustration/File Photo ISTANBUL (Reuters) - The Turkish lira fell as much as 3.3 percent to a record low on Friday,…

© Reuters. A woman holds Turkish lira banknotes in this illustration taken on May 30, 2022. REUTERS/Dado Ruvić/Illustration Written by Mark Jones LONDON (Reuters) - The Turkish lira fell 7 percent on Wednesday as the newly…

© Reuters. FILE PHOTO: A woman holds Turkish lira banknotes in this illustration taken on May 30, 2022. REUTERS/Dado Ruvić/Illustration Written by Nevzat Difranoglu and Ali Kucukokmen ISTANBUL (Reuters) - Sharp selling slowed on…