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Noun
His arrest in March 2025 triggered a sharp selloff, which prompted Turkish authorities to raise interest rates and burn through billions of dollars in foreign currency reserves to stabilize the lira.—Beril Akman, Bloomberg, 9 Mar. 2026 On top of that, the value of the Turkish lira has been plunging to record lows as inflation rises, which in turn impacts local production costs.—Nick Vivarelli, Variety, 15 Feb. 2026 More eyes than ever are being trained on Europe’s second-largest textile supplier, which is facing pressures from high production costs, inflation and an overinflated lira, all of which have undermined its competitiveness.—Jasmin Malik Chua, Sourcing Journal, 13 Feb. 2026 The lira has stabilised rather than collapsed.—Güney Yıldız, Forbes.com, 30 Jan. 2026 See All Example Sentences for lira