Turkish dollar? Erdogan s new financial investment tool explained middleeasteye.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from middleeasteye.net Daily Mail and Mail on Sunday newspapers.
Turkey s lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings..
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
President Tayyip Erdogan's belief that a shock interest rate cut will stoke up Turkey's economy ahead of elections is instead likely to backfire as hot inflation and a lira selloff stall growth.