Setting a new record low, Turkish lira falls to 8 against US dollar for the first time
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After reaching a new record low against the US dollar on Friday (October 23), following the Central Bank's decision to keep the policy rate constant, the Turkish lira has fallen to 8 per dollar for the first time.
Starting the first trading day of the week with a rise, the dollar is currently trading at 8.0230.
Also, the Euro is sold at 9.4970 with a 0.5 percent increase and the UK pound is sold at 10.4480 with a 0.6 percent increase.
The dollar index stabilized at 92.9, with an increase of 0.2 percent. The Euro/dollar parity is 1.1840.
Markets today will follow the sectoral confidence indices in Turkey and the ifo index in Germany, the Chicago Fed national activity index in the US, new home sales and the Dallas Fed manufacturing industry index abroad. (HA/VK)
Turkish lira continues to slide, trading at 10 to Euro
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Turkey’s Central Bank keeps interest rate constant, US dollar skyrockets
Turkish lira continues to slide, trading at 10 to Euro
Central Bank Governor says Turkey doesn't have a target for exchange rates as US dollar's rise continues
Finance Minister says ‘Turkey’s economy is at a turning point’
Citizen says, ‘We cannot bring bread home,’ Erdoğan answers, ‘Drink some tea’
Turkey’s Central Bank keeps interest rate constant, US dollar skyrockets