Search For "turkish lira"
Erdogan toured Gulf States seeking economic injections for Turkey’s ailing
Updated : 2 years, 10 months ago IST
Turkish President Recep Tayyip Erdogan, shortly after clinching another five-year term in the recent elections, last week embarked on an effort to save Turkey’s faltering economy, by making a tour of Saudi Arabia, Qatar and the UAE, seeking investments and financial support from the
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In forthcoming Turkey elections, authoritarian Erdogan faces biggest test
Updated : 3 years, 1 month ago IST
The forthcoming elections are expected to decide the future course of Turkey's economy which is in a bad shape due to Erdogan's unorthodox policy of low-interest rates that caused inflation to run out of control and the value of the Turkish lira to plummet.
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Turkish Lira slumps, inflation at 70 pc: Erdogan's govt in dire straits
Updated : 3 years, 10 months ago IST
Ankara [Turkey], July 13 (ANI): The latest lira slump, combined with soaring global energy and food prices, inflation now at 70 per cent and rising has placed Turkish President Recep Tayyip Erdogan in dire straits.
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Turkish President Erdogan may not retain his chair, here's why
Updated : 3 years, 11 months ago IST
Istanbul [Turkey], June 24 (ANI): Turkish President Recep Tayyip Erdogan has bleak chances to retain his position despite the advancement of elections as soaring inflation and continuous fall of the Turkish Lira have deteriorated the country's economy.
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Turkey's annual inflation hits two-decade high of nearly 70 per cent
Updated : 4 years ago IST
Ankara [Turkey], May 5 (ANI/Xinhua): Turkey's annual inflation jumped to 69.97 per cent in April, reaching a two-decade high, the Turkish Statistical Institute announced Thursday.
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Under Erdogan's misguided policies, Turkey's Lira has its worst performanc
Updated : 4 years, 4 months ago IST
Nicosia [Cyprus] January 3 (ANI): As a result of Turkish President Recep Tayyip Erdogan's unorthodox and misguided economic policies and especially his conviction that high-interest rates raise prices, the Turkish Lira is expected to have lost 44 per cent of its value in 2021, scoring its
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Erdogan replaces Finance Minister amid record drop in Turkish Lira
Updated : 4 years, 5 months ago IST
Ankara [Turkey], December 2 (ANI/Sputnik): Turkish President Recep Tayyip Erdogan replaced the republic's minister of finance and treasury amid a record drop in the Turkish lira exchange rate, according to the decree published in the official Resmi Gazette newspaper.
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Turkish opposition says Erdogan can't manage the country
Updated : 4 years, 6 months ago IST
Nicosia [Cyprus], November 22 (ANI): As the Turkish lira is in a free fall, most Turks are finding it hard to make ends meet and polls show that Erdogan's AKP party has been consistently losing votes, opposition CHP leader Kemal Kilicdaroglu and IYI Party leader Meral Aksener declared after
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Erdogan's belligerent policies leave Turkey more isolated than ever
Updated : 5 years, 6 months ago IST
Nicosia (Cyprus), November 02 (ANI): In the past few years Turkish President Tayyip Erdogan has reversed the policy of his country from "zero problems with neighbours" and from a model of Muslim democracy and ally, into a country with almost zero friends and allies, while Ankara is currently
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Rupee touches all time record low of 70.08
Updated : 7 years, 9 months ago IST
New Delhi [India], Aug 14 (ANI): After opening at a marginal high of 69.85 against the US Dollar, the Indian rupee on Tuesday touched an all-time low of 70 per US dollar.
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