The Limited Times

Now you can see non-English news...

The Turkish lira is falling again


Istanbul, SANA- The Turkish lira fell more than two percent today, retreating towards record low levels. reported


The Turkish lira fell more than 2% today, falling towards record lows.

Reuters reported that the Turkish lira fell 2.45 percent to 13.80 against the dollar, compared to the previous close of 13.45.

The Turkish currency has lost 46 percent of its value against the dollar this year and touched an all-time low of 14.1 lira to the dollar last week.

The continuous deterioration of the Turkish currency is mainly due to the repeated interventions of the Turkish President Recep Tayyip Erdogan in monetary policy and the rapid changes he imposed in the leadership of the Central Bank.

Follow Sana's news on Telegram

Source: sena

All business articles on 2021-12-08

Similar news:

You may like

Business 2021-12-08T16:05:44.309Z
News/Politics 2021-10-26T07:01:56.733Z

Trends 24h

Business 2022-01-01T20:24:14.076Z


© Communities 2019 - Privacy