Tue, 21-Oct-2025

Turkish lira crisis turns political with lawsuit threat

TRY to PKR

ISTANBUL: Turkey’s currency crisis turned increasingly political on Thursday after a top minister urged citizens to sue economists who comment on social media about the lira’s slide. Finance Minister Nureddin Nebati’s unusual remarks late Wednesday followed the banking regulator’s decision to file complaints against more than 20 people, including a former central bank governor, over … Read more

Qatar, Turkey extend currency swap deal

DOHA: Qatar and Turkey have announced they agreed to extend a currency swap deal between their central banks, as Ankara’s lira has plunged in value fuelling an economic crisis. According to a joint statement on Tuesday, the two sides “welcomed the signing of the agreement on the extension and amendment of the Turkish lira-Qatari riyal … Read more