EghtesadOnline: Turkish President Recep Tayyip Erdogan has lambasted friend and foe alike in a campaign for vast new powers, but his political fate may hang on the one thing he’s stopped carping about: the price of money.

EghtesadOnline: Turkey’s central bank unexpectedly raised its one-week repurchase and overnight lending rates for the first time in almost three years, after the lira ’s plunge to a record low and its impact on inflation trumped political demands for lower borrowing costs.

EghtesadOnline: Turkey’s central bank lowered reserve requirements for banks, the third time since July’s attempted coup that the regulator has acted to boost lira and foreign-exchange liquidity.

EghtesadOnline: Turkish President Tayyip Erdogan called on Turks on Saturday to convert their dollar and euro savings into lira , as he sought to bolster the ailing currency which has lost some 20 percent of its value against the U.S. currency this year.