I'd suggest two definite articles and a change from perfect tense.
The previous Italian monetary unit was the lira...
It isn't bound to the Turkish lira.
Suggestion:
The previous Italian monetary unit was the lira, with its symbol of "₤". It isn't linked to the Turkish lira.
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This sentence was initially added as a translation of sentence #706716
added by Khvalovsky, March 17, 2014
linked by Khvalovsky, March 17, 2014
edited by sabretou, March 10, 2015
edited by AlanF_US, June 20, 2021
edited by AlanF_US, June 20, 2021