The Turkish lira is heading for its worst monthly performance since August 2018

The agency stated in a report on its website that, since the beginning of October, the Turkish currency has lost about 7% of its value against the dollar. And Bloomberg compared the causes of the current decline and the collapse that occurred two years ago, which forced the central bank to raise borrowing costs by … Read more

A “strong blow” to Turkey’s economy … the lira scores “the weakest point”

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" The agency reported "Reuters" that The US dollar It is now worth 8.19 TL, which is its worst level Turkish lira Since 1999. And she was Turkish currency Slate, Mon, 8.05 vs. The US dollar, Due to investor concern about a decision central bank The main interest rate was kept … Read more

The Turkish lira continues its resounding decline … and records the worst

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" Andlira From The worst coins This year’s performance, down 22 percent, due to concerns over Turkey’s dwindling reserves of Foreign exchange Real interest rates are well below zero. The currency reached about 7.7 pounds to the dollar, losing half of its value in less than 3 years, as the decline … Read more

The Turkish lira is falling to a new record high at 9 lira per euro

Last updated: Tuesday 4 صفر 1442 هـ – September 22, 2020 KSA 18:40 – GMT 15:40 Publication date: Tuesday 4 صفر 1442 هـ – September 22, 2020 KSA 08:31 – GMT 05:31 Source: Istanbul – Reuters – The Turkish currency continued its decline today, Tuesday, and touched for the first time the 9-pound barrier in … Read more