Turkish new lira topic

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The new lira (Turkish: yeni türk lirası) is the currency of Turkey. The de facto independent state of the Turkish Republic of Northern Cyprus also uses this currency. The new lira is subdivided into 100 new kurush (yeni kuruş). The symbol is YTL and the ISO 4217 code is TRY. Because of the chronic inflation experienced in Turkey from the 1970s through to the 1990s, the old lira experienced severe depreciation in value. Turkey has had high inflation rates compared to developed countries but has... full article at wikipedia

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  • Mar 31, 2008
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Created by Metaweb Oct 22, 2006
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Last edited by mw_template_bot Oct 9, 2008
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