Turkey Faces Currency Crisis

Editorial photo #6559588 Economy, Business and Finance

Turkey Faces Currency Crisis

Exchange offices in Istanbul, Turkey seen on March 25, 2021. Turkey’s stocks, bonds and the lira tumbled following the dismissal of the central bank chief Naci Agbal. People rushed to foreign exchange offices to sell the currency since markets reopened on Monday. As of March 25, the current rate of USD/TRY is 7.96 and the rate of EUR/TRY is 9.45. (Photo by Erhan Demirtas/NurPhoto)

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© 2026 NurPhoto - Erhan Demirtas/NurPhoto
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