Turkey's currency and stock market kept on falling Monday, weight down by investor fears about the country's economic policies and worsening relations with the United States.

Business Why Turkey's currency is crashing after Erdogan got reelected A man carries goods in a street market at Eminonu commercial area in Istanbul, Turkey, Wednesday, June 7, 2023.

Turkey, a country straddling the line between East and West, has long been a geopolitical and economic focal point. But how ...

Turkey is ending a scheme protecting deposits from currency depreciation that is estimated to have cost $60 billion, in ...

ANKARA, Turkey - The Turkish currency has plunged to an all-time low amid concerns over President Recep Tayyip Erdogan's economic policies persisted and as a dispute with the U.S. showed no sign ...

Turkey's currency turmoil follows a well-known scenario. It is one more case in the long series of financial crises that afflict the international monetary system. Just over the past two-and-half ...

Turkey is launching a new currency, the New Turkish Lira, or YTL, that drops six zeros, makes the money more manageable and, the government hopes, gives a psychological boost to citizens, business ...

Turkish President Recep Tayyip Erdogan won reelection last month despite a battered economy and a cost-of-living crisis that experts say are exacerbated by his unconventional economic policies ...

Turkey has been plagued by a currency crisis and skyrocketing inflation since 2021, which economists say are the result of Erdogan’s unorthodox belief that raising interest rates will increase ...

WHY IS TURKEY’S CURRENCY FALLING? The Turkish lira tumbled to record lows against the dollar this week, first falling 7% on Wednesday and then 1.6% on Friday.

WHY IS TURKEY’S CURRENCY FALLING? The Turkish lira tumbled to record lows against the dollar this week, first falling 7% on Wednesday and then 1.6% on Friday. Economists say the sharp slide earlier in ...