Tue, 21-Oct-2025

Turkey lira crashes to new record low

turkish-lira

ISTANBUL – The Turkish lira plunged to record lows against the dollar on Tuesday after President Recep Tayyip Erdogan said policymakers have no appetite to hike interest rates in response to the currency’s fall. The currency fell by 13 percent to almost 13 lira against the dollar. Turkey is facing the worst currency crisis since … Read more