The Limited Times

Now you can see non-English news...

A sharp decline in the Turkish lira

2021-02-25T20:55:17.807Z


Ankara-SANA The Turkish lira fell by about 3.5 percent today, giving up all its gains this year in light of the continuation of


Ankara-Sana

The Turkish lira fell by about 3.5 percent today, giving up all its gains this year in light of the continued high yields of US bonds.

According to Reuters, the Turkish currency recorded 7.3650.70 against the dollar, compared with 7.77 at yesterday's close.

The Turkish currency continues to deteriorate due to the deteriorating political and economic conditions in the country as a result of the policies of Recep Tayyip Erdogan's regime and its repressive measures that led to a decline in tourism and investments and a decrease in the country's revenues from foreign exchange.

Source: sena

All business articles on 2021-02-25

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.