Browsing Tag

Lira

Turkish lira hits record low, down 20 percent against dollar

Reuters May 23, 2018

ISTANBUL: The Turkish lira tumbled more than 5 percent on Wednesday before recovering some ground, the latest drop in a sell-off that reflects growing investor alarm over the direction of monetary policy under President Tayyip Erdogan.…

Erdogan wants trade with Russia, China in local currencies

AFP Dec 4, 2016

ANKARA: Turkish President Recep Tayyip Erdogan said his country was moving towards allowing trade with Russia, China and Iran to be conducted in local currencies, as he continues his efforts to strengthen the falling lira. "We are taking…

Turkish TV show fined over 'dance with a stranger' stunt

Raza Haidery Dec 21, 2014

ISTANBUL: Turkey's television regulator has handed a record fine to a popular game show for a segment where husbands were filmed dancing with other women as their wives looked on, reports said Sunday.