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  2. Turkish lira - Wikipedia

    en.wikipedia.org/wiki/Turkish_lira

    The Turkish lira partially recovered in early 2021 with the government's increase in interest rates. However, the currency began to crash due to inflation and depreciation starting on 21 March 2021, after the sacking of Central Bank chief Naci Ağbal. The Turkish lira reached a then-all-time-low of ₺8.8 to the dollar on 4 June.

  3. Revaluation of the Turkish lira - Wikipedia

    en.wikipedia.org/.../Revaluation_of_the_Turkish_lira

    The new Turkish lira (Turkish: Yeni Türk Lirası) was the currency of Turkey and the de facto independent state of the Turkish Republic of Northern Cyprus between 1 January 2005 and 31 December 2008 which was a transition period for the removal of six zeroes from the currency. [1] The new lira was subdivided into 100 new kuruş (yeni kuruş).

  4. Economic history of Turkey - Wikipedia

    en.wikipedia.org/wiki/Economic_history_of_Turkey

    The lira has also experienced significant depreciation against major currencies, leading to a rise in foreign debt and a decline in purchasing power for Turkish citizens. According to data released by the Turkish Statistical Institute , gross domestic product (GDP) fell by 2.4% in the fourth quarter of 2017, which was the second consecutive ...

  5. Central Bank of the Republic of Turkey - Wikipedia

    en.wikipedia.org/wiki/Central_Bank_of_the...

    The Central Bank of the Republic of Türkiye (CBRT) (Turkish: Türkiye Cumhuriyet Merkez Bankası, TCMB) is the central bank of Turkey.Its responsibilities include conducting monetary and exchange rate policy, managing international reserves of Turkey, as well as printing and issuing banknotes, and establishing, maintaining and regulating payment systems in the country.

  6. S&P 500, Nasdaq hit record closing highs; Turkey's lira plunges

    www.aol.com/news/stocks-dip-oil-slides-havens...

    The S&P 500 and Nasdaq notched record closing highs on Thursday, boosted by upbeat corporate earnings news from companies including Nvidia, while Turkey's lira weakened further after its central ...

  7. Banknotes of Turkey - Wikipedia

    en.wikipedia.org/wiki/Banknotes_of_Turkey

    In the transitional period between 1 January 2005 and 31 December 2008, the second Turkish lira was officially called "new Turkish lira" (abbr: YTL) in Turkey. Banknotes, referred to by the Central Bank as the "E-8 Emission Group", were introduced in 2005 in denominations of YTL 1, YTL 5, YTL 10, YTL 20, YTL 50, and YTL 100.

  8. List of currencies in Europe - Wikipedia

    en.wikipedia.org/wiki/List_of_currencies_in_Europe

    Turkish lira euro (unofficial) sterling (unofficial) ₺ € £ TRY. EUR GBP kuruş. cent penny. Cypriot pound South Ossetia Georgia: Russian ruble ₽ RUB kopeck: Soviet ruble Transnistria Moldova: Transnistrian ruble: руб PRB (unofficial) kopeck Soviet ruble

  9. Economy of Turkey - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Turkey

    The "New Turkish lira" (TRY) was introduced on 1 January 2005. [118] On 1 January 2009, the New Turkish lira was renamed once again as the "Turkish lira", with the introduction of new banknotes and coins. Banking came under stress beginning in October 2008, as a result of the 2008 global financial crisis. Turkish banking authorities warned ...