Report

rss

Iraq News

Kurdistan

Economy

World

All News

Turkish Lira shrugs off last week's gains

Category: Economy

Date: 2021-12-30T06:05:22+0000
Turkish Lira shrugs off last week's gains

Shafaq News/ Turkey's lira weakened by as much as 2% on Thursday, extending sharp losses seen a day earlier and eroding massive gains made last week, as worries about the country's monetary policy weighed on sentiment.

The lira slumped to 12.9 against the dollar on Thursday morning, compared to 12.61 upon the closure of the market on Wednesday. 

Despite last week's rebound, it has lost 37% of its value against the U.S. currency so far this year.

related

Turkish lira eases slightly, central bank seen holding policy rate

Date: 2021-05-06 08:35:44
Turkish lira eases slightly, central bank seen holding policy rate

Turkish lira hits new depths near 10 to the dollar

Date: 2021-11-11 20:04:40
Turkish lira hits new depths near 10 to the dollar

Turkish lira plummets to new low ahead another expected rate cut

Date: 2021-12-13 10:39:19
Turkish lira plummets to new low ahead another expected rate cut

Turkish lira: A new record low against the dollar

Date: 2020-09-22 07:30:10
Turkish lira: A new record low against the dollar

Turkish lira weakens to 15.16 against dollar

Date: 2022-05-10 09:33:22
Turkish lira weakens to 15.16 against dollar

Turkish lira hits weakest level this year after U.S. inflation

Date: 2021-05-13 08:45:29
Turkish lira hits weakest level this year after U.S. inflation

Turkish lira hits record low of 10 against dollar

Date: 2021-11-12 18:42:26
Turkish lira hits record low of 10 against dollar

Turkish lira falls to new low, central bank intervenes

Date: 2021-12-13 16:52:09
Turkish lira falls to new low, central bank intervenes