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US Dollar/Turkish Lira FX Spot Rate

Turkey’s inflation climbs to 68.5% despite continued rate hikes

by Walter Watson
Turkey’s inflation climbs to 68.5% despite continued rate hikes

A money changer holds Turkish lira and U.S. dollar banknotes at a currency exchange office in Ankara, Turkey December 16, 2021. Cagla Gurdogan | Reuters Turkey’s annual inflation rose to …

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Turkey’s local elections — and whoever wins Istanbul — could dictate future

by Vera Ward
Turkey’s local elections — and whoever wins Istanbul — could dictate future

As the sunsets, a ferry boat glides across the waters of the Golden Horn with the Suleymaniye Mosque and the city of Istanbul, Turkey in the background.  Vw Pics | …

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Turkish annual inflation soars to 67% in February

by Walter Watson
Turkish annual inflation soars to 67% in February

The Maslak financial and business center in the Sariyer district of Istanbul. Ayhan Altun | Moment | Getty Images Turkish annual consumer price inflation soared to 67.07% in February, the …

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Turkey’s new central bank governor seen as a ‘credible choice’

by Walter Watson
Turkey’s new central bank governor seen as a ‘credible choice’

Newly appointed Governor of Turkish Central Bank, Fatih Karahan is seen in Ankara, Turkey on February 04, 2024.  Emin Sansar | Anadolu | Getty Images Turkey’s newly appointed central bank …

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Turkish lira hits fresh record low against the U.S. dollar

by Walter Watson
Turkish lira hits fresh record low against the U.S. dollar

Vanishing Turkish Currency: 1 Turkish Lira with the Portrait of Kemal AtatürkTurkish Manuel Augusto Moreno | Moment | Getty Images The Turkish lira hit a fresh record low against the …

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Turkey’s central bank hikes interest rate by 500 basis points to 40%

by Walter Watson
Turkey’s central bank hikes interest rate by 500 basis points to 40%

Turkey’s Taksim Square, with the figure of Kemal Ataturk, the first president, and the Turkish flag in the background. Sopa Images | Lightrocket | Getty Images Turkey’s central bank on …

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Erdogan invites Elon Musk to build his next Tesla factory in Turkey

by Walter Watson
Erdogan invites Elon Musk to build his next Tesla factory in Turkey

Elon Musk, CEO of Tesla and owner of X, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | …

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Turkish central bank announces bigger than expected rate hike

by Ron Morgan
Turkish central bank announces bigger than expected rate hike

Exterior of the Turkish Central Bank, known as Turkiye Cumhuriyet Merkez Bankasi in Ankara. Nurphoto | Nurphoto | Getty Images Turkey’s central bank on Thursday hiked interest rates by more …

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Sweden is in final stretch for NATO membership. Will Turkey derail it?

by Walter Watson
Sweden is in final stretch for NATO membership. Will Turkey derail it?

Turkish President Tayyip Erdogan arrives for a NATO summit in Madrid, Spain June 29, 2022. Nacho Doce | Reuters NATO is convening a summit in Vilnius, Lithuania, on July 11 …

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