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Turkish lira continues to decline

2019-10-09T07:41:20.423Z


ANKARA - SANA - The Turkish lira on Wednesday continued its decline under the policies of the Recep Tayyip Erdogan regime, which was followed by the Turkish government


Ankara-Sana

The Turkish lira on Wednesday continued its decline under the policies of the Recep Tayyip Erdogan regime which has caused investors to fear the economic future.

The lira currency traded at 5,815.5 dollars to its lowest level in more than a month this week, Reuters reported.

The lira has fallen about 8 percent since the beginning of this year after it plunged 30 percent last year due to high levels of foreign debt to Turkey under the economic policies of Erdogan's regime and the deteriorating political and security conditions due to its repressive practices under the pretext of the coup attempt in 2016, which led to economic repercussions on the country.

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Source: sena

All business articles on 2019-10-09

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