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Noun
Erdogan’s unconventional view that the way to tame inflation was to lower interest rates has, unsurprisingly, led to spiraling inflation and eventually a collapsing Turkish lira.—Ryan Hogg, CNN Money, 29 Aug. 2025 And while, minimum wages have risen by 249 percent in the last two years, set at 22,104 lira (approxmimately $626) in January 2025, there was a change in the process, as minimum wage had not been increased again this summer.—Mayu Saini, Sourcing Journal, 25 Aug. 2025 Turkish savers revolted against the lira, with nearly 70% of bank deposits denominated in or indexed to foreign currencies by the peak in 2022-2023.—Matthew C. Klein, semafor.com, 17 July 2025 So even though the two models are only about 391,000 lira apart in price, this balloons to 1.6 million, or $40,000, after tax.—Christiaan Hetzner, Fortune, 8 July 2025 See All Example Sentences for lira
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