Turkish lira

Turkiye is intensifying efforts to boost foreign reserves in its central bank, the country’s finance minister has revealed. Writing on Twitter, Mehmet Simsek said the bank’s net international reserves rose to a record $8.5 billion last…

Traders are bracing for more volatility in the Turkish lira as the country appears to be headed for a presidential run-off election in the next two weeks, adding more pressure on the tightly controlled currency. The lira was slightly…