The Turkish lira (TRY) fell to a record low against the dollar following the surprise arrest of President Recep Tayyip Erdogan's rival and Istanbul mayor Ekrem Imamoglu.

Explore why the Turkish lira has surged days after the USD/TRY exchange rate soared to a record high earlier this week ...

The Turkish lira weakened sharply to a record low against the U.S. dollar and the Istanbul stock market dived after the main ...

Turkey's lira tumbled to a record low of 42 per dollar before recouping most of the day's losses on Wednesday, while bonds ...

London (Reuters) -The dollar rallied on Wednesday ahead of the Federal Reserve's decision on interest rates, but retreated from the day's highs after markets stabilised from an early shock caused by ...

Turkish assets fell sharply Wednesday, after police detained Istanbul mayor Ekrem Imamoglu, a rival of President Recep Tayyip Erdogan. The lira weakened more than 3% against the dollar. It was on p ...

ANKARA, March 19 (Reuters) - Turkey's central bank sold a record amount of foreign currency on Wednesday after the lira dropped more than 12% following the detention of Istanbul's mayor, according ...

The Turkish lira fell to a record low against the dollar and the country's benchmark stock index dropped by as much as 7% following the surprise arrest of Istanbul mayor Ekrem Imamoglu — a rival ...

The Turkish lira weakened sharply to a record low against the U.S. dollar and the Istanbul stock market dived after the main opposition challenger to President Recep Tayyip Erdogan was arrested.