Recep Tayyip Erdoğan — News Archive


Turkish Lira Crashes to Record Low

The Turkish lira crashed today, sinking 5% to the record low before recovering a bit. The currency still trades far below the opening level.

Lira Slumps amid Tensions Between USA & Turkey

The Turkish lira slumped against the US dollar as relationships between the United States and Turkey deteriorated after the arrest of a US consulate worker.

Turkish Lira Stable After Central Banks Maintains Tight Policy

The Turkish lira was stable against the US dollar after Turkey’s central bank decided at today’s meeting to keep interest rates unchanged.

Turkish Lira Jumps Against US Dollar

The Turkish lira climbed against the US dollar today, easing the pressure on the nation’s central bank to act in defense of the currency and its inflation goal.

Lira Little Changed After Turkish Central Bank Refrains from Rate Cut

The Turkish lira was little changed today after the nation’s central bank made a surprise decision to keep interest rates unchanged.

Turkish Lira Sinks to Record Low After Elections

The Turkish lira plunged to the all-time low against the US dollar today after the ruling party failed to secure a majority in the parliament, increasing political uncertainty in the country.

Turkish Lira Gains as Erdogan Meets Basci

The Turkish lira gained today as central bank Governor Erdem Basci met President Recep Tayyip today, giving hope that criticism of the bank’s policy will be tone down.