Turkey's long boom was built on cheap money, construction and confidence that the state could keep the lira roughly stable ...

Turkey officially ended a deposit instrument introduced in December 2021 aimed at supporting the lira during a previous currency crisis. No new FX-protected lira deposit accounts will be opened and ...

We break down why Turkey’s economy is under growing strain. High inflation and a weakened lira have reduced purchasing power across the country. The Central Bank of the Republic of Turkey has relied ...

South Africa, Argentina, Mexico, Brazil and Russia have all seen their currencies slip over the past week because, like Turkey, they remain heavily dependent on foreign capital, especially the dollar.

Turkey's net monthly minimum wage will be 28,075 Turkish lira ($655.53) in 2026, Turkish Labour Minister Vedat Isikhan said on Tuesday, marking a 27% increase from 2025.

The week has begun on an interesting note, with the U.S. dollar crashing to three-year lows alongside losses on Wall Street, yet bitcoin BTC $121,835.99, which usually follows the sentiment on Wall ...

ANKARA (Reuters) - Turkey's medium-term economic programme forecasts inflation to hit 28.5% in 2025 and 16% in 2026, before reaching single digits from 2027, according to a text of the economic ...

Turkey is not expected to hold a snap election after the ruling AK Party elects a new leader and will continue "securely" until the current government's mandate expires in 2019, presidential adviser ...

Turkish state lenders sold an estimated $5 billion to support the lira on Tuesday and Wednesday in an effort to stem a selloff sparked by a court ruling targeting senior opposition figures. The ...

Turkey has banned short selling in its stock market and eased share buyback rules, as the country's benchmark index crashed following the arrest of a major opposition leader. The Capital Markets Board ...

Investing.com -- Turkey’s net monthly minimum wage will increase to 28,075 Turkish lira ($655.53) in 2026, representing a 27% rise from 2025 levels, Labour Minister Vedat Isikhan announced Tuesday.