Tue, 21-Oct-2025

Turkish lira slides again, approaching historic lows

Turkish

The lira fell 2% against the dollar and was trading at 17.1 in the afternoon. President Erdogan has insisted on cutting interest rates despite rising inflation. The Turkish economy has been in free fall since last year. The Turkish currency fell more against the dollar on Wednesday, increasing pressure on President Recep Tayyip Erdogan’s government, … Read more