Lira news and trends

Plunging Lira Prevents Turks from Buying iPhones, Electronics
International // November 24, 2021

Apple iPhones and other electronics are out of reach for people in Turkey after the lira continues dropping, losing 40% in value since the start of 2021, 20% since the beginning of last week, and a historic 15% in a single day, according to multiple...

Turkey’s Central Bank Raises Rate Credit Card Lenders Can Charge
Loans // September 17, 2018

Turkey’s central bank announced effective in October it is raising the maximum interest rate credit card lenders can charge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Amid Lira’s Lurch, Blockchain As Monetary Policy Fix?
Blockchain // August 21, 2018

Might it be blockchain’s turn to shine amid pockets of economic turmoil? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

In Turkey (And Elsewhere) Devaluation Spurs Value Hunt Among Luxury Goods
International // August 13, 2018

The vagaries of currency take on all sorts of meaning to consumers, borrowers and lenders large and small, individual and corporate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Quick Reads
Turkey Reportedly Asking Banks to Limit Purchases of Foreign Currency

April 17, 2023
Turkey’s central bank is reportedly taking measures to protect the value of the country’s currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Plunging Lira Prevents Turks from Buying iPhones, Electronics

November 24, 2021
Apple iPhones and other electronics are out of reach for people in Turkey after the lira continues dropping, losing 40% in value since the start of 2021, 20% since the...

Turkey’s Central Bank Raises Rate Credit Card Lenders Can Charge

September 17, 2018
Turkey’s central bank announced effective in October it is raising the maximum interest rate credit card lenders can charge. Get the Full Story Complete the form to unlock this article...