Latest New Turkish lira News

Erdogan lashes out at Financial Times over report on economy

Apr. 18, 2019 7:05 AM EDT

ANKARA, Turkey (AP) — Turkey's president has lashed out at the Financial Times and other western media, accusing them of falsely portraying the economy as being on the brink of collapse. Recep Tayyip Erdogan spoke Thursday after the Financial Times reported that Turkey's Central Bank had bolstered its...

Ahead of vote, Turkey's Erdogan says US attacking economy

Mar. 28, 2019 10:19 AM EDT

ANKARA, Turkey (AP) — Turkey's president accused the United States and other western nations on Thursday of attacking Turkey's economy ahead of Sunday's local elections. Recep Tayyip Erdogan made his claims after the Turkish lira lost some 5 percent of its value against the dollar after days of high...

As prices soar, Turkey's Erdogan woos voters with vegetables

Feb. 22, 2019 8:35 AM EST

ISTANBUL (AP) — In a middle class Istanbul neighborhood shoppers form a long line to an immense tent carrying a sign that reads "Total combat against inflation." The weapons in that battle: spinach, tomatoes and peppers that the Turkish government is selling in a makeshift stall at almost half the price of...