Turkish Central Bank to work on simulations for digital lira to assess its impact, while work is underway on determining ...

The Turkish lira fell to a record low against the dollar and the country's benchmark stock index dropped by as much as 7% following the surprise arrest of Istanbul mayor Ekrem Imamoglu — a rival of ...

Lira rout sharpens Turkish bank risks Banks and corporates have continued to ratchet up foreign-currency borrowing over the past two years. The big lira sell off this summer amid a local political ...

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