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The Turkish lira and bonds are headed for their worst monthly declines since 2023 as markets seek to find new equilibrium ...

The Turkish lira (TRY) fell to a record low against the dollar following the surprise arrest of President Recep Tayyip Erdogan's rival and Istanbul mayor Ekrem Imamoglu.

Explore what to expect with the Turkish lira as Turkey moves towards autocracy with the arrest of opposition leaders?

In a dramatic shift that has caught the attention of global financial markets, the Turkish lira has depreciated over 10% against the US dollar, breaking the significant threshold of 40, which marks a ...

Turner estimates up to US$20bn of foreign money invested in the carry trade left the lira after the currency slumped. For those holding long lira positions, more than four months of returns were wiped ...

Explore why the Turkish lira has surged days after the USD/TRY exchange rate soared to a record high earlier this week ...

The discussions stem from a major fallout in the lira, stocks and bonds over Istanbul Mayor Ekrem Imamoglu’s arrest last week, which fueled protests. Turkish police detained more than 1,000 ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Turkish authorities are stepping in to stabilize markets after the detention of President Recep Tayyip Erdogan’s most ...