Turkish lira is to strengthen against foreign currencies

Increase in interest rates by the Central Bank of America has a positive impact on the course of the Turkish lira. According to analysts, the change in loans rates by the American president will suspend dollar increase in the global trading, and as a result strengthen the position of the other world currencies, including the Turkish lira. According to the data received by the Turkish financial analyst, Aysun Goksu, during the foreign exchange markets research, the US president-elect, Donald Trump, could raise rates by as much as 25 percent. Moreover, the growth is expected in December this year. According to Goksu, afterwards the growth of the US currency shall be suspended. The Turkish lira also will begin to strengthen its position against Dollar and Euro. 16.12.2016

Important news

All news

Tourism

FlyMe Helicopters from Alanya to Northern Cyprus

The first passengers were the Deputy Prime Minister and Minister of Tourism of Northern Cyprus, Fikri Ataoglu, as well as the Minister of Public Works and Transportation, Erhan Arıklı.

The Euro Became the Most Profitable Asset of March 2025

According to the results of March 2025, the most lucrative investment was the euro, with a return of 3.83%. According to analysts, gold yielded 2.9% for investors, while the BIST 100 index rose by 1.66%.

Forbes Publishes Updated List of the World's Richest People: Elon Musk Tops the Rankings Again

Forbes magazine has released its new list of billionaires, with the number of billionaires surpassing 3000 for the first time. The leaders of the list are well-known business tycoons and tech giants, including Elon Musk, Mark Zuckerberg, and Jeff Bezos.

A new phase of urban transformation has begun in Alanya

The municipality of Alanya has implemented important changes as part of the Şehirsel Dönüşüm program, aimed at improving the efficiency and transparency of urban modernization processes.