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Noun
In short, America risks taking on the economic traits of a badly run emerging economy (look at how the Turkish lira and bond market have performed in the past five years as an extreme comparison).—Mike O'Sullivan, Forbes.com, 30 May 2025 Analysts expect a prolonged period of volatility for the Turkish lira and the foreign reserves that the country will need to burn through in order to keep it afloat.—Yeo Boon Ping, CNBC, 25 Mar. 2025 The lira was flat at 38.7375 against the dollar while the main share index rose 2.4%.—Reuters, NBC news, 12 May 2025 Global investors recognize that authoritarian regimes breed uncertainty, and the Turkish lira’s recent plunge following İmamoğlu’s arrest reflects these concerns.—Bilal Bilici, Chicago Tribune, 27 Mar. 2025 See All Example Sentences for lira
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