The Central Bank raised the country’s key interest rate from 8.5% to 15% last month.
Despite the decline of the Turkish Lira following the re-election of President Recep Tayyip Erdogan, Turkey’s inflation rate is showing signs of recovery.
According to...
The suppression of the lira stems from Erdogan’s core idea that economic growth can be hampered by raising interest rates.
Turkish President Recep Tayyip Erdogan has retained his seat after winning the past presidential election in the country and...
The Turkish lira slipped against Bitcoin, hovering around a two-month low after data showed annual inflation skyrocketed in February. The lira has lost about 12% against the world’s largest cryptocurrency this week, data from Coingecko shows.
The lira, currently...
Bitexen, the Turkey-based cryptocurrency exchange, has announced the listing of Shiba Inu (SHIB) token along with Sun (SUN), Celo (CELO), JUST (JST), Smooth Love Potion (SLP), and Moonbeam (GLMR), reports thecryptobasic.com. The listing of Shiba Inu on...
Turkish media reports that authorities there are investigating an alleged Dogecoin mining scam that pulled the rug on investors after amassing $119 million worth of deposits.An Aug. 23rd report from local channel TV100 broke the news, with police...
