The cost of producing a one-lira coin has reached Turkish lira (TRY) 3.16 ($0.09), according to an opposition lawmaker. The production cost for the coins carrying values of 50 kurus (the Turkish ...

Two years ago, if a Turkish citizen decided to save in bitcoin instead of gold, liras, or dollars, their purchasing power would have increased dramatically during a time period where the lira lost ...

The Turkish lira has been in free fall after President Erdogan demanded the Central Bank of Turkey cut rates for a third consecutive month from 19% to 15%. The Turkish lira against the U.S. dollar has ...