New Turkish lira

People wearing face masks to protect against the spread of coronavirus, walk in Ankara, Turkey, Thursday, Aug. 6, 2020. Turkey's interior ministry announced new measures Wednesday to curb the spread of COVID-19 as daily confirmed cases peaked above 1,000. (AP Photo/Burhan Ozbilici)
August 07, 2020 - 6:09 am
LONDON (AP) — Turkey's currency tumbled further Friday, hitting record lows two days in a row. The Turkish lira dropped to a historic low of 7.3677 against the dollar before recovering slightly. The lira is down about 19% versus the U.S. currency since the beginning of the year. The drop is fueled...
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August 06, 2020 - 7:50 am
LONDON (AP) — Turkey’s currency dropped to an all-time low against the dollar on Thursday as the global recession created by the pandemic brings to the fore weaknesses in the country's economy. The Turkish lira fell to 7.2775 against the dollar before recovering slightly to around 7.24, compared...
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A Mi-26 military helicopter flies over a statue of the Mother Motherland at the Piskaryovskoye Memorial Cemetery where more than half million Leningrad Siege victims were buried during the World War II, during a rehearsal for the Victory Day military air parade which will take place on May 9, in St.Petersburg, Russia, Thursday, May 7, 2020. The Russian air force conducted a rehearsal for the flyover intended to mark the 75th anniversary of the victory over the Nazis on May 9, but the planned military parade is postponed due to the coronavirus outbreak, leaving only the flyby. (AP Photo/Dmitri Lovetsky)
May 07, 2020 - 1:05 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to national and global response, the work place and the spread of the virus. ________________________ TRAVEL & LODGING: All aspects of travel, road, rail...
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May 07, 2020 - 7:29 am
ANKARA, Turkey (AP) — Turkey’s currency dropped to an all-time low against the dollar on Thursday as the country struggles with the economic impact of the coronavirus pandemic. The Turkish lira fell by 1% to 7.26 against the dollar, surpassing the previous record low of 7.24 reached during a...
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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 - 5:46 am
ANKARA, Turkey (AP) — Turkey's currency fell sharply on Monday, reawakening concerns of another bout of financial jitters in the country, after President Recep Tayyip Erdogan fired the central bank governor, reportedly over disagreements on interest rate cuts. Murat Cetinkaya was replaced by Murat...
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Supporters of Ekrem Imamoglu, the candidate of the secular opposition Republican People's Party, CHP, celebrate in central Istanbul, Sunday, June 23, 2019. In a blow to Turkish President Recep Tayyip Erdogan, Imamoglu declared victory in the Istanbul mayor's race for a second time Sunday after Binali Yildirim, the government-backed candidate conceded defeat in a high-stakes repeat election. (AP Photo/Lefteris Piarakis)
June 24, 2019 - 2:00 am
ISTANBUL (AP) — Turkey's lira currency has opened higher against the U.S. dollar after a repeat election for mayor in Istanbul ended months of uncertainty with a landmark opposition win in the country's largest city. The dollar traded at 5.717 lira Monday, up nearly 2%, hours after opposition...
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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 - 1:12 pm
NEW YORK (AP) — U.S. stocks are climbing Thursday after the Labor Department said inflation slowed a bit in August. Technology companies like Apple and Microsoft made some of the largest gains after a recent bout of uncertainty, and chipmaker Qualcomm jumped after it announced a big stock buyback...
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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 - 7:34 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 - 3:12 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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August 31, 2018 - 2:11 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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