The Limited Times

Now you can see non-English news...

A new decline in the Turkish lira

2021-05-07T09:26:34.462Z

Ankara-SANA The Turkish lira fell again today, affected by the deteriorating conditions of the Turkish economy as a result of the politics



Ankara-Sana

The Turkish lira fell again today, affected by the deteriorating conditions of the Turkish economy as a result of the policies pursued by the president of the regime, Recep Tayyip Erdogan, ahead of the central bank meeting to set the interest rate.

Reuters reported that the pound amounted to 8,350,350 against the dollar, down from the settlement rate of 8,3150 yesterday.

The currency has lost more than ten of its value since the beginning of this year, which included a sharp wave of depreciation that followed the ouster of the central bank governor last March.

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

Source: sena

All business articles on 2021-05-07

You may like

Business 2021-03-08T11:43:54.633Z
Business 2021-03-22T07:04:42.706Z
Business 2021-03-29T09:52:41.891Z
Business 2021-03-30T13:22:42.789Z
Business 2021-03-23T08:04:31.717Z

Trends 24h

Latest

© Communities 2019 - Privacy