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lira

Turkey Has Only 75 Days’ Worth of Foreign Reserves Left

Turkey now has only 75 days’ worth of foreign reserves left for importing goods, according to data from the Turkish Central Bank.

Shots Fired At US Embassy in Turkey

Gunshots have reportedly been fired at the US embassy in the Turkish capital of Ankara with no reports of injuries.

Turkish Lira Fell To a Record Low

Turkey’s lira plunged to record lows Friday as it was buffeted by a diplomatic row with Washington, while European markets were also feeling the strain from fears the crisis could spill over into the region’s banking sector.

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