403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Turkish Lira Hits Record Low
(MENAFN- Saudi Press Agency) Turkey's lira hit a record low versus the dollar on Tuesday amid worries over domestic politics and a general concern for emerging markets.
The lira hit 2.41 during intra-day trading to the dollar before making a slight rebound to 2.37. Last month, the lira was trading at about 2.22 to the dollar, dpa reported.
The lira is facing its worst slide since January, when the central bank intervened by raising interest rates in an emergency move. Emerging market currencies, led by the rouble, have been taking hits.
The lira hit 2.41 during intra-day trading to the dollar before making a slight rebound to 2.37. Last month, the lira was trading at about 2.22 to the dollar, dpa reported.
The lira is facing its worst slide since January, when the central bank intervened by raising interest rates in an emergency move. Emerging market currencies, led by the rouble, have been taking hits.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment