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Tag: US Dollar/Turkish Lira FX Spot Rate

Sweden is in the final stretch to NATO membership. But Turkey could yet derail it

Sweden is in the final stretch to NATO membership. But Turkey could yet derail it

July 9, 2023July 10, 2023 · Business

Turkish President Tayyip Erdogan arrives for a NATO summit in Madrid, Spain June 29, 2022. Nacho Doce | Reuters NATO is convening a summit in Vilnius, Lithuania, on…

Read more Sweden is in the final stretch to NATO membership. But Turkey could yet derail it
Turkey’s inflation rate cools despite steep lira plunge

Turkey’s inflation rate cools despite steep lira plunge

July 5, 2023July 5, 2023 · Business

Ayhan Altun | Moment Open | Getty Images Turkey’s monthly inflation rate for June came in lower than expected, despite the continued collapse of the lira currency following…

Read more Turkey’s inflation rate cools despite steep lira plunge
Putin congratulates ‘dear friend’ Erdogan as NATO’s Turkey challenge looks set to stay

Putin congratulates ‘dear friend’ Erdogan as NATO’s Turkey challenge looks set to stay

May 29, 2023May 29, 2023 · World News

Turkey on Sunday voted for another five years of the leadership of Recep Tayyip Erdogan, the powerful, nationalist president who now enters his third decade in power. Russian…

Read more Putin congratulates ‘dear friend’ Erdogan as NATO’s Turkey challenge looks set to stay
Turkey’s lira sinks to near record low as Erdogan is re-elected

Turkey’s lira sinks to near record low as Erdogan is re-elected

May 29, 2023May 29, 2023 · World News

A man holding a Turkish flag. Uriel Sinai | Getty Images The Turkish lira sank to a fresh record low Monday as incumbent Recep Tayyip Erdogan secured his…

Read more Turkey’s lira sinks to near record low as Erdogan is re-elected
Turkey’s President Erdogan seals election victory to enter third decade in power

Turkey’s President Erdogan seals election victory to enter third decade in power

May 28, 2023May 28, 2023 · World News

Turkey’s President and leader of the Justice and Development (AK) Party Recep Tayyip Erdogan delivers a speech during his partys group meeting at the Turkish Grand National Assembly…

Read more Turkey’s President Erdogan seals election victory to enter third decade in power
As Turkey heads to the polls, currency traders are bracing for absolute chaos

As Turkey heads to the polls, currency traders are bracing for absolute chaos

May 14, 2023May 14, 2023 · World News

Turkish flag over a DenizBank building. Turkey is expected to head to the polls on Sunday. Ismail Ferdous | Bloomberg | Getty Images The Turkish lira is already…

Read more As Turkey heads to the polls, currency traders are bracing for absolute chaos
Turkey’s inflation tops 85% as Erdogan continues to rule out interest rate hikes

Turkey’s inflation tops 85% as Erdogan continues to rule out interest rate hikes

November 3, 2022November 3, 2022 · World News

Russians tourists to Europe decreased dramatically over the summer, but rose in several other destinations, including Turkey (here). Onur Dogman | Sopa Images | Lightrocket | Getty Images…

Read more Turkey’s inflation tops 85% as Erdogan continues to rule out interest rate hikes
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