Report

rss

Iraq News

Kurdistan

Economy

World

All News

Turkish lira extends losses after replacing the central bank Governor

Category: Economy

Date: 2021-03-29T10:41:58+0000
Turkish lira extends losses after replacing the central bank Governor

Shafaq News/ Turkey’s lira lost more than 1% of its value on Monday, continuing its sharp decline since President Tayyip Erdogan replaced the central bank governor this month, leading to expectations of loose policy.

According to Reuters, the lira stood at 8.14 against the dollar at 0818 GMT, down from 8.0775 at Friday’s close. Earlier, it weakened more than 1% to 8.1700.

related

Turkish Lira crisis boosts real estate market for foreigners; Iraqis has the lion's share

Date: 2021-12-27 07:56:46
Turkish Lira crisis boosts real estate market for foreigners; Iraqis has the lion's share

Turkish lira slightly weaker ahead of central bank rate decision

Date: 2020-12-24 07:04:43
Turkish lira slightly weaker ahead of central bank rate decision

Turkish lira hits weakest level since mid-December

Date: 2022-05-09 14:35:37
Turkish lira hits weakest level since mid-December

Turkish lira notches more record lows on rate-cut concerns

Date: 2021-10-15 12:50:12
Turkish lira notches more record lows on rate-cut concerns

Turkish lira slides 1.6% towards record dollar low

Date: 2021-11-30 13:10:11
Turkish lira slides 1.6% towards record dollar low

Turkish Lira shrugs off last week's gains

Date: 2021-12-30 06:05:22
Turkish Lira shrugs off last week's gains

Turkish lira up 1.5% to August levels 

Date: 2021-02-01 14:49:35
Turkish lira up 1.5% to August levels 

Turkish lira weakens to 15.16 against dollar

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