Report

rss

Iraq News

Kurdistan

Economy

World

All News

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

Category: Economy

Date: 2021-05-13T08:45:29+0000
Turkish lira hits weakest level this year after U.S. inflation

Shafaq News / Turkey’s lira fell around 0.8% against the dollar to its weakest level this year on Thursday, a market holiday in Turkey, after U.S. inflation figures put it under pressure, Reuters reported.

The lira slipped as far as 8.4910 to the dollar, its weakest since last November. It was trading at 8.473 at 0715 GMT.

Data on Wednesday showed U.S. consumer prices jumped by the most in nearly 12 years in April, boosting the dollar against emerging market currencies.

related

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

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 rebounds firmly from near record low

Date: 2021-05-17 10:14:11
Turkish lira rebounds firmly from near record low

Turkish lira in free fall after latest rate cut urged by Erdogan

Date: 2021-11-18 19:39:47
Turkish lira in free fall after latest rate cut urged by Erdogan

Volatile Turkish lira slides again after record dive

Date: 2021-12-14 09:12:08
Volatile Turkish lira slides again after record dive

Turkish Lira Slides to Record Low

Date: 2020-10-23 08:05:17
Turkish Lira Slides to Record Low

Turkish lira outperforms, EM forex index slips

Date: 2021-06-14 09:16:29
Turkish lira outperforms, EM forex index slips

Turkish lira slides 5%, eyes on surging inflation

Date: 2022-01-03 09:42:08
Turkish lira slides 5%, eyes on surging inflation