The Turkish Lira fell below a Record: 27 to the Dollar

World » SOUTHEAST EUROPE | August 8, 2023, Tuesday // 10:09
Bulgaria: The Turkish Lira fell below a Record: 27 to the Dollar

The Turkish currency started losing its value against the dollar again today and fell to a record low, local media reported.

The Turkish lira traded today at 27.01 per US dollar.

In recent days, the euro was exchanged for 29.60 TRY.

On June 22, the Central Bank of Turkey announced an increase in the main interest rate from 8.5 to 15 percent, after which the Turkish national currency began to depreciate again.

The Turkish currency continued to depreciate after July 17, when the agreement on the export of grain from Ukrainian ports was suspended.

Follow Novinite.com on Twitter and Facebook

Write to us at editors@novinite.com

Информирайте се на Български - Novinite.bg

Southeast Europe » Be a reporter: Write and send your article
Tags: Turkish, lira, currency

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria