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Turkey's lira plunged 7 percent to a record low on Wednesday in its biggest daily selloff since a historic 2021 crash, as the newly elected government appeared to loosen stabilizing measures in its pivot to more orthodox policies, Reuters reported.
LONDON, May 29 (Reuters) - Turkey's lira hit fresh record lows against the dollar on Monday though stocks rose after President Tayyip Erdogan secured victory in Sunday's presidential election, extending his increasingly authoritarian rule i... | 04:13am
Turkey's lira slipped towards a fresh record low against the dollar as President Tayyip Erdogan secured victory...
LONDON: Turkey’s lira wobbled near record lows against the dollar as President Tayyip Erdogan secured victory in the...
Türkiye's lira wobbled near record lows against the dollar as President Recep Tayyip Erdogan secured victory in the country's presidential election on Sunday, extending his increasingly authoritarian rule into a third decade. The currency was at 20.05 to the dollar during Asian hours, just shy of the 20.06 record low hit on Friday.