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  2. Turkish lira - Wikipedia

    en.wikipedia.org/wiki/Turkish_lira

    As of 2020, the Turkish lira continued to plummet in value, with the currency going through a process of depreciation, consistently reaching all-time lows. The Turkish lira deflated by over 400% compared to the US dollar and the euro since 2008, largely due to Erdoğan's expansionist foreign policy.

  3. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...

  4. Revaluation of the Turkish lira - Wikipedia

    en.wikipedia.org/.../Revaluation_of_the_Turkish_lira

    Because of the chronic inflation experienced in Turkey from the 1970s through to the 1990s, the old lira experienced severe depreciation. Turkey has consistently had high inflation rates compared to developed countries: from an average of 9 lira per U.S. dollar in the late 1960s, the currency came to trade at approximately 1,650,000 lira per U.S. dollar in late 2001.

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  6. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers.

  7. 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.

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  9. Mexican president warns Trump tariffs will kill jobs, hints ...

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    MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum on Tuesday warned U.S. President-elect Donald Trump of dire economic consequences for both countries from tariffs and suggested possible ...

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