Turkey hikes tax on forex deposits to prop up lira
August 31, 2018 | 16:09
Turkey on Friday (Aug 31) raised tax on foreign currency deposits in a bid to prop up the tumbling lira, in a presidential decision published in the official gazette.
Foreign tourists get surprise bonanza from Turkey woes
August 14, 2018 | 20:45
The collapse of the Turkish lira has caused trauma as Turks see their purchasing power slashed, but bargain-hunting foreign tourists visiting the country at the peak of the summer season are cashing in on a currency windfall.
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