lira

Turkish companies that have borrowed dollars from European banks to fuel growth are finding it harder to repay the loans as lira loses value.

She pointed out that there is a large demand by foreigners and Iraqis in particular to buy apartments as a result of the depreciation of the lira and the currency the sale and purchase are dealt with, which is a temptation for foreigners to invest the opportunity, especially in the tourist areas and Antalya in the forefront,/ End

"I believed during all those free throws Amari did," Lira said.

They will also be eligible for an additional compensation of up to 150,000 liras ($50,000) if it resulted in any kind of permanent disability.

The volume of general deposits reached 978.9 billion Turkish lira ($459 billion) as of June 27, according to data released by Turkey's Central Bank on Thursday.

Ford Otosan, in which Koc and Ford Motor Company have equal stakes, rose by 15 percent to become 203 million liras, while TofaE-, Koc's venture with Italian Fiat, reached 134 million liras by jumping 28 percent.

OAO Sberbank, considered to be Russia's largest lender, sold the five-year lira notes with a 7.4 per cent yield yesterday.

"The total capital of the companies amounted to 3.3 million liras," a source from TOBB said.

ISTANBUL, Oct 4, 2010 (TUR) -- Turkey's Sabanci Holding, one of the country's biggest family conglomerates, on Monday said it expected 21 billion Turkish liras (around $14 billion) in consolidated net sales for 2010.

The total budget allocated for the Ministry of Transport and Infrastructure of Turkey for implementing transport and infrastructure projects in the country will amount to 64.275 billion Turkish liras in 2020-2021.