Italy has won the Coin of the Year Award in a contest sponsored since 1982 by World Coin News, a numismatic publication. The silver 5,000-lira coin represents the march of time to the new ...

ISTANBUL, April 13 (Xinhua) -- The Turkish State Mint has reduced the size of the coins of lira, the Turkish currency, to deal with the rising minting costs, local media reported on Thursday.

Turkey has raised the withholding tax on short-term Turkish lira deposits and investment funds by 2.5 percentage points, a move economists said was aimed at boosting budget revenues and curbing ...

While the stablecoin world is dominated by dollar-backed tokens like tether (USDT) and USD Coin (USDC), there's a smaller chunk of the market that's pegged to other currencies. Now, a token backed ...

The Turkish lira weakened some 0.5% against the dollar on Wednesday as concerns over rampant inflation were stoked by President Tayyip Erdogan's pledge to continue cutting interest rates.

Turkey's lira plunged 7.6% to a record low on Wednesday in its biggest selloff since the historic 2021 crash, and traders called it a "strong signal" that Ankara is moving away from state controls ...

Turkey's lira crashed as much as 7% to a record near 15 to the dollar on Monday before whip-sawing back after the central bank intervened, gripped by worries over President Tayyip Erdogan's risky ...

Twelve years since Italy introduced the euro, the national mint is still stamping Italian lire - and recession fatigue means nostalgia for the retired national currency is going strong.

Turkey is to relaunch its currency on Saturday, knocking six zeros off the lira in the hope of boosting trade and powering its growing economy. The change will see the end of such dizzyingly-high ...

NY Fed manufacturing index plunges in May, weighs on dollar Debt ceiling issue enters critical week U.S. House Speaker McCarthy says 'no movement' towards a deal Turkish lira sinks to near record ...

Turkish Lira Plunges as Attempted Coup is Underway The Turkish Lira has fallen at least 5 per cent as reported by Reuters. This is a 3 week low against the US dollar.

Yet as the Turkish currency plummets, the other side of the one-lira coin is frequent price rises. The notion that the cost of a beer could go up while you drink is somewhat far-fetched.