Goldman Sachs’ three-month target for a lira plunge happened in three days
Residents waiting at a bus stop under a large Turkish flag in Istanbul, Turkey, on Sunday, April 30, 2023. Bloomberg | Bloomberg | Getty Images The Turkish lira has extended…
Turkey’s lira sinks to fresh record low after Erdogan re-election
A man holding a Turkish flag. Uriel Sinai | Getty Images The Turkish lira sank to a fresh record low Monday as incumbent Recep Tayyip Erdogan secured his victory in…
Currency traders bracing for Erdogan election chaos
Turkish flag over a DenizBank building. Turkey is expected to head to the polls on Sunday. Ismail Ferdous | Bloomberg | Getty Images The Turkish lira is already facing some…