Retail prices in Turkey’s largest city of Istanbul soared to an annual rate of 108.77% in October, a 24 year high, Istanbul Chamber of Commerce (ICOC) said on Tuesday. According to data analyzed by the ...
Aug 6, 2020 Turkey’s Central Bank said today that it was ready to use “all available instruments” to reduce market volatility as the Turkish lira slid to record lows against the dollar and the euro. ...
The fresh currency turbulence in Turkey saw the price of the US dollar rise about 11% in two weeks earlier this month. But rather than hiking interest rates against the sharp fall of the Turkish ...