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The Turkish lira is falling to a record low against the dollar
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The Turkish lira is falling to a record low against the dollar
The Turkish lira is falling to a record low against the dollar
08-05-2018 03:10 PM
The Turkish lira fell to a new low on Tuesday on concerns about the central bank's ability to fight inflation and as investors prepared for US President Donald Trump's decision to withdraw from the nuclear deal.
The lira fell to 4.2950 against the dollar, a weaker level than the previous closing price of 4.2646 and a loss this year to 11 percent. Turkey's 10-year benchmark bond yield rose to 13.97 percent, up more than 100 basis points in the last four sessions.
http://www.ikhnews.com/index.php?page=article&id=168833
08-05-2018 03:10 PM
The Turkish lira fell to a new low on Tuesday on concerns about the central bank's ability to fight inflation and as investors prepared for US President Donald Trump's decision to withdraw from the nuclear deal.
The lira fell to 4.2950 against the dollar, a weaker level than the previous closing price of 4.2646 and a loss this year to 11 percent. Turkey's 10-year benchmark bond yield rose to 13.97 percent, up more than 100 basis points in the last four sessions.
http://www.ikhnews.com/index.php?page=article&id=168833
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