New Turkish lira

In this photo taken on Friday, July 5, 2019, Turkey's President Recep Tayyip Erdogan speaks during a meeting in Istanbul. Erdogan has fired the Central Bank Governor Murat Cetinkaya amid the country's economic downturn. Cetinkaya was replaced by Murat Uysal, the deputy governor, in a presidential decree published Saturday.(Presidential Press Service via AP, Pool)
July 08, 2019 - 3:58 am
ANKARA, Turkey (AP) — The Turkish lira has dropped by around 2% against the dollar after President Recep Tayyip Erdogan fired the central bank governor reportedly over disagreements on interest rate cuts. Murat Cetinkaya was replaced by Murat Uysal, the central bank's deputy governor, in a...
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Turkey's President Recep Tayyip Erdogan gestures as he delivers a speech at a veterans' day event in Ankara, Turkey, Wednesday, Sept. 19, 2018.(Presidential Press Service via AP)
September 20, 2018 - 10:14 am
ISTANBUL (AP) — Turkey expects lower economic growth in coming years amid concerns over inflation and a sliding currency. Treasury and Finance Minister Berat Albayrak presented the government's economic plan Thursday, which estimates 2.3 percent growth in 2019 and 3.5 percent in 2020. The previous...
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FILE- In this Aug. 22, 2018, file photo specialist Anthony Matesic, left, and trader Anthony Carannante work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Sept. 13. (AP Photo/Richard Drew, File)
September 13, 2018 - 5:14 pm
NEW YORK (AP) — U.S. stocks made solid gains Thursday as Apple and Qualcomm led a rally in technology companies. Drugmakers and health insurers also rose. Apple changed course and rose a day after it introduced three new iPhone models and updates to the Apple Watch. Chipmakers recovered after a...
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FILE- In this Sept. 6, 2018, file photo Joseph Lawler, right, works with fellow traders on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Sept. 12. (AP Photo/Richard Drew, File)
September 13, 2018 - 8:34 am
SINGAPORE (AP) — Many global markets climbed Thursday following a report that the U.S. has proposed a new round of trade negotiations with China before going ahead with plans to slap tariffs on $200 billion or more in Chinese goods. Investors also appeared heartened by an interest rate increase by...
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September 10, 2018 - 4:12 am
ANKARA, Turkey (AP) — Official data show that Turkey's economy slowed in the second quarter of 2018 as its currency was sliding. The figures released Monday by the Turkish Statistics Institute indicated that the economy grew by 5.2 percent in the second quarter compared with a year earlier. That is...
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A man monitors stock prices with others at a brokerage house in Beijing, Thursday, Sept. 6, 2018. Asian markets are mixed on fears that the U.S. would soon impose tariffs on another $200 billion of Chinese goods, as public consultations draw to a close. (AP Photo/Andy Wong)
September 06, 2018 - 5:07 am
SINGAPORE (AP) — Global markets were mixed Thursday on worries that the U.S. is on the verge of imposing tariffs on another $200 billion of Chinese goods in a mounting trade dispute. Many developing countries are in financial turmoil as rising interest rates and trade disputes rattled investors...
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August 31, 2018 - 3:11 am
ANKARA, Turkey (AP) — Turkey has raised a tax on foreign currency deposit accounts and scrapped another on lira savings as it tries to shore up its struggling currency. According to a decision published in the Official Gazette on Friday, the withholding tax on foreign currency savings of up to six...
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August 27, 2018 - 8:38 am
ANKARA, Turkey (AP) — The Turkish currency has again weakened against the dollar, as Turkey's markets resumed trading after a week-long religious holiday. The Turkish lira was down some 3.5 percent on Monday, trading at around 6.22 against the dollar. The currency has seen a sharp fall in value...
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The damage to a security booth by a shot fired, is seen outside the U.S. Embassy in Ankara, Turkey, Monday, Aug. 20, 2018. Shots were fired at a security booth outside the embassy in Turkey's capital early Monday, but U.S. officials said no one was hurt. Ties between Ankara and Washington have been strained over the case of an imprisoned American pastor, leading the U.S. to impose sanctions, and increased tariffs that sent the Turkish lira tumbling last week. (AP Photo/Burhan Ozbilici)
August 20, 2018 - 2:59 pm
ISTANBUL (AP) — Shots were fired from a moving car at the U.S. Embassy in Turkey before dawn Monday, an attack that came during heightened tensions between the two NATO allies. Officials said two people with criminal records were detained. There were no casualties in the fleeting attack, in which...
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A man walks out of a currency exchange shop in Istanbul, Thursday, Aug. 16, 2018. Beset by a weak currency and tension with the United States, Turkey is reaching out to Europe in an attempt to shore up relations with major trading partners despite years of testy rhetoric and a stalled bid for EU membership. The overtures by Turkish President Recep Tayyip Erdogan, who has harshly criticized Germany and other European nations in the past, are part of a diplomatic campaign to capitalize on international unease over U.S. President Donald Trump and American tariff disputes. (AP Photo/Lefteris Pitarakis)
August 17, 2018 - 11:29 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis and diplomatic dispute with the United States (all times local): 6:30 p.m. U.S. President Donald Trump is condemning the detention of an American pastor in Turkey and warned that "we are not going to take it sitting down." Trump, before...
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