Report

rss

Iraq News

Kurdistan

Economy

World

All News

Turkish lira slightly weaker ahead of central bank rate decision

Category: Economy

Date: 2020-12-24T07:04:43+0000
Turkish lira slightly weaker ahead of central bank rate decision

Shafaq News / The Turkish lira dropped 0.45% against the US dollar ahead of the central bank meeting regarding the interest rate, in which it is expected to be raised by 150 basis points.

The Lira weakened to 7.6250 against the dollar by 04:51 GMT bringing it losses so far this year to 23 %.

It’s expected Turkey's central bank to continuing additional tightening steps in the face of a weakening lira by raising its benchmark interest rate to 16.55% from 15% .

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 plunges 5% after Erdogan stokes firesale

Date: 2021-11-23 10:02:43
Turkish lira plunges 5% after Erdogan stokes firesale