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Turkish Lira

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Turkish Lira
The currency of Turkey. It traces its history back to the Ottoman Empire. Until 2005, the lira was subject to high (though not crippling) inflation. The "new lira," which revalued the currency, was introduced in 2005. It 2009, the word "new" was removed from coins, and it became the lira again.


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ISTANBUL, Nov 14, 2009 (TUR) -- Turkey's Dogan Group of Companies, which has interests in media and energy, reported a net profit of 60 million Turkish lira (TL) for the first nine months of 2009.
When we monitor the same transaction in the north, the banks collect Turkish Lira deposits from account holders and annually pay 9.
Summary: Check out our fundamental and technical outlook on emerging market currencies, including the Mexican peso (MXN), Turkish lira (TRY), South African rand.
 
 
 
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