New Turkish lira

In this photo taken on Friday, July 5, 2019, Turkey's President Recep Tayyip Erdogan speaks during a meeting in Istanbul. Erdogan has fired the Central Bank Governor Murat Cetinkaya amid the country's economic downturn. Cetinkaya was replaced by Murat Uysal, the deputy governor, in a presidential decree published Saturday.(Presidential Press Service via AP, Pool)
July 08, 2019 - 3:46 am
ANKARA, Turkey (AP) — Turkey's currency fell sharply on Monday, reawakening concerns of another bout of financial jitters in the country, after President Recep Tayyip Erdogan fired the central bank governor, reportedly over disagreements on interest rate cuts. Murat Cetinkaya was replaced by Murat...
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Turkey's President Recep Tayyip Erdogan addresses the supporters of his ruling Justice and Development Party, AKP, during a rally in Adiyaman, Turkey, Tuesday, March 26, 2019, ahead of local elections scheduled for March 31, 2019. (Presidential Press Service via AP, Pool)
March 28, 2019 - 7:18 am
ANKARA, Turkey (AP) — Turkey's president accused the United States and other western nations on Thursday of attacking Turkey's economy ahead of Sunday's local elections. Recep Tayyip Erdogan made his claims after the Turkish lira lost some 5 percent of its value against the dollar after days of...
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Turkey's President Recep Tayyip Erdogan gestures as he delivers a speech at a veterans' day event in Ankara, Turkey, Wednesday, Sept. 19, 2018.(Presidential Press Service via AP)
September 20, 2018 - 7:14 am
ISTANBUL (AP) — Turkey expects lower economic growth in coming years amid concerns over inflation and a sliding currency. Treasury and Finance Minister Berat Albayrak presented the government's economic plan Thursday, which estimates 2.3 percent growth in 2019 and 3.5 percent in 2020. The previous...
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FILE- In this Aug. 22, 2018, file photo specialist Anthony Matesic, left, and trader Anthony Carannante work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Sept. 13. (AP Photo/Richard Drew, File)
September 13, 2018 - 2:14 pm
NEW YORK (AP) — U.S. stocks made solid gains Thursday as Apple and Qualcomm led a rally in technology companies. Drugmakers and health insurers also rose. Apple changed course and rose a day after it introduced three new iPhone models and updates to the Apple Watch. Chipmakers recovered after a...
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FILE - In this Thursday, Aug. 30, 2018 file photo, Turkey's President Recep Tayyip Erdogan attends a military graduation ceremony on Victory Day, in Ankara, Turkey. Turkey's arrests of US evangelical pastor Andrew Craig Brunson and other Western citizens have thrust its troubled judicial system to the forefront of ties with allies, reinforcing suspicions that the Turkish government is using detainees as diplomatic leverage. (Presidential Press Service via AP, Pool, File)
September 13, 2018 - 8:19 am
ANKARA, Turkey (AP) — Turkey's central bank on Thursday raised its key interest rate sharply, from 17.75 percent to 24 percent, to contain inflation and stem the currency crisis that has been destabilizing the country this summer. The bank's move is long overdue, many independent economists say,...
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FILE- In this Sept. 6, 2018, file photo Joseph Lawler, right, works with fellow traders on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Sept. 12. (AP Photo/Richard Drew, File)
September 13, 2018 - 5:34 am
SINGAPORE (AP) — Many global markets climbed Thursday following a report that the U.S. has proposed a new round of trade negotiations with China before going ahead with plans to slap tariffs on $200 billion or more in Chinese goods. Investors also appeared heartened by an interest rate increase by...
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A man monitors stock prices with others at a brokerage house in Beijing, Thursday, Sept. 6, 2018. Asian markets are mixed on fears that the U.S. would soon impose tariffs on another $200 billion of Chinese goods, as public consultations draw to a close. (AP Photo/Andy Wong)
September 06, 2018 - 2:07 am
SINGAPORE (AP) — Global markets were mixed Thursday on worries that the U.S. is on the verge of imposing tariffs on another $200 billion of Chinese goods in a mounting trade dispute. Many developing countries are in financial turmoil as rising interest rates and trade disputes rattled investors...
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August 31, 2018 - 12:11 am
ANKARA, Turkey (AP) — Turkey has raised a tax on foreign currency deposit accounts and scrapped another on lira savings as it tries to shore up its struggling currency. According to a decision published in the Official Gazette on Friday, the withholding tax on foreign currency savings of up to six...
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August 27, 2018 - 5:38 am
ANKARA, Turkey (AP) — The Turkish currency has again weakened against the dollar, as Turkey's markets resumed trading after a week-long religious holiday. The Turkish lira was down some 3.5 percent on Monday, trading at around 6.22 against the dollar. The currency has seen a sharp fall in value...
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The damage to a security booth by a shot fired, is seen outside the U.S. Embassy in Ankara, Turkey, Monday, Aug. 20, 2018. Shots were fired at a security booth outside the embassy in Turkey's capital early Monday, but U.S. officials said no one was hurt. Ties between Ankara and Washington have been strained over the case of an imprisoned American pastor, leading the U.S. to impose sanctions, and increased tariffs that sent the Turkish lira tumbling last week. (AP Photo/Burhan Ozbilici)
August 20, 2018 - 11:59 am
ISTANBUL (AP) — Shots were fired from a moving car at the U.S. Embassy in Turkey before dawn Monday, an attack that came during heightened tensions between the two NATO allies. Officials said two people with criminal records were detained. There were no casualties in the fleeting attack, in which...
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