Turkish lira lost 21 percent within a year
2020-09-16T15:45:37+00:00
Shafaq News / The Turkish lira declined slightly to reach an unprecedented low level against the dollar on Wednesday, at a time when concern about the economic outlook continues, while investors await the decision of the US Federal Reserve.
The Turkish currency recorded 7.5020, and it is declining recently. This week, it was affected by Moody's downgrade of Turkey's credit rating to "B2" from "B1".
So far, the lira has lost 21 percent of its value this year.
