ANKARA, Turkey – Turkey has introduced a symbol for its national currency, the Turkish lira, in a move that reflects the country’s ambitious aspirations to become a global actor.
The symbol, a double-crossed “t” shaped like an anchor, was revealed in a ceremony on Thursday.
Get weekly money news
Get expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.
Turkish Prime Minister Recep Tayyip Erdogan says the anchor shape means that currency is a “safe harbour” while the upward facing lines represent its rising prestige.
Turkey’s fast growing economy has been remained largely unaffected by the financial turmoil that has wrecked European economies. The Turkish lira is trading at 1.74 against US dollar on Thursday.
Comments