Turkish lira falls before central bank meeting

Turkish lira Muhammed Kalkan On Thursday, the Turkish lira continued its decline ahead of the country’s central bank meeting. The currency fell to a record low of 10.98 per dollar, but trimmed some losses to trade at 10.72 Thursday afternoon in Asia. Turkish President Recep Tayyip Erdogan on Wednesday caused the lira to appreciate when … Read more

Turkey’s Erdogan says continuing his battle against interest rates

Turkish President Recep Tayyip Erdogan delivers a speech after a cabinet meeting, in Ankara, on June 9, 2020. Adam Altan | AFP | Getty Images Turkish President Recep Tayyip Erdogan said on Wednesday he would not let interest rates crush people and would continue his fight against them “until the end,” a day before a … Read more