Turkish Lira Hits Record Low Down 20 Percent Against Dollarођ

By asif2bd On Sep 20, 2024 Last updated

Turkish Lira Plunges 17 To Record Low Against Dollar Turkey's lira currency tumbled more than 5 percent against the dollar on wednesday, hitting a series of record lows as investors dumped the currency on concerns about president tayyip erdogan's drive to take greater control of monetary policy. ciara lee reports. The lira hit a record low of 26.9 against the u.s. currency, sliding from monday's close of 26.3505. it has weakened 30% so far this year. according to a reuters poll, turkey's central bank is.

Turkish Lira Hits Record Low Down 20 Percent Agai In its third successive day of losses, the lira weakened nearly 1.6% to a record low of 20.75 against the u.s. currency, taking its losses this year to nearly 10%. it later firmed slightly. The lira weakened to 20.065 to the dollar in early european trade, breaking through the previous record low touched on friday. the lira has slumped around 7% since the start of the year, and lost. Turkey's lira hit fresh record lows against the dollar on monday, though stocks rallied, after president tayyip erdogan secured victory in sunday's presidential election, extending his. The turkish lira plunged to a record low against the us dollar on thursday after the central bank hiked interest rates less than markets expected. the lira fell 4%, and it now takes 24.55 lira to.

Turkish Lira Hits Record Low Against Us Dollar Al Arabiya Turkey's lira hit fresh record lows against the dollar on monday, though stocks rallied, after president tayyip erdogan secured victory in sunday's presidential election, extending his. The turkish lira plunged to a record low against the us dollar on thursday after the central bank hiked interest rates less than markets expected. the lira fell 4%, and it now takes 24.55 lira to. Turkey's lira currency tumbled more than 5 percent against the dollar on wednesday, hitting a series of record lows as investors dumped the currency on concerns about president tayyip erdogan's. The turkish lira tumbled more than 5 percent on wednesday before recovering some ground, the latest drop in a sell off that reflects growing investor alarm over the direction of monetary policy.

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Turkish Lira Hits Record Low Against Dollar

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