The Turkish lira rebounded Tuesday against dollar, a day after the central bank took a raft of measures in a bid to soothe the markets. The lira was at 6.49 to the dollar and 7.41 to the euro, well off the 7.24 to the dollar and 8.12 to the euro seen Monday. The unit has lost...

Turkey's central bank on Monday announced it was ready to take "all necessary measures" to ensure financial stability after the collapse of the lira, promising to provide banks with liquidity. "The central bank will closely monitor the market depth and price formations, and take all...

Turkey has drafted an action plan and its institutions will start taking necessary steps Monday to ease financial markets’ concerns, Finance Minister Berat Albayrak said Sunday, after the lira plunged last week. In an interview with Hurriyet newspaper, Albayrak said a plan has been prepared...

The new U.S. tariffs on Turkey are against the rules set by the World Trade Organization (WTO), the Trade Ministry said on Friday. "Turkey, as it determines and implements its own trade policy in compliance with the World Trade Organization, expects other member countries to comply with...