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Turkish lira continues decline, hit record low against US dollar

Turkish lira continues decline, hit record low against US dollar
Turkish lira continues decline, hit record low against US dollar

2024-03-11 17:00:07 - From: Shafaq News


Shafaq News / The Turkish lira continued its decline against foreign currencies during Monday's trading, marking a new record low against the US dollar at 32 ? per dollar, down by approximately 0.52%.

This significant drop in the Turkish currency comes alongside a rise in inflation rates in Turkey, which were revealed last week, indicating that inflationary pressures continue to impact the Turkish lira.