Turkey's financial crisis: lira at 48.8 per dollar, BIST 100 falls 8.18%
- —BIST 100 lost 8.18% in the week of September 14–18, 2026
- —Lira at 48.8 per dollar, 1 BTC costs about 3.95 million lira
- —Turkey's central bank raised its repo limit to 300 billion lira to support liquidity
- —Trading suspended in funds of 7 asset managers with 891 billion lira in assets, affecting 353,000 investors
Why it matters: The lira crisis strengthens the case for bitcoin as a safe-haven asset, but in acute phases investors may sell risk assets for cash.
Source: Siam Blockchain