(Bloomberg) -- Turkey is making it costlier for banks to offer short-term deposits that make up the bulk of a $124 billion government-backed lira savings program, a tightening of policy that will soak ...

The International Finance Corporation (IFC) said Monday that it introduced an innovative financial instrument to expand the availability of Turkish lira financing for private enterprises in Turkey.

(Bloomberg) --Turkish investors are starting to exit a tool designed to halt a selloff in the lira and are moving their money into regular dollar accounts, putting pressure on the central bank to meet ...