Open Demo Account
Home / Breaking News / Lira Hits a Fresh Low, Ahead of CBRT

Lira Hits a Fresh Low, Ahead of CBRT

Adel 22 September, 2020 12:34 pm Breaking News, Market Update

The Turkish lira hit a record low against the dollar, as investors assess the possibility of a central bank raising interest rate during its meeting this week to limit the currency’s decline.

The lira recorded 7.6440 against the dollar at 06:00 GMT, the lowest level ever after it recorded 7.6365 against the dollar at the close on Monday.

Tags

Check Also

European Stocks Flatline as AI Rout and Fed Hawkishness Deliver Double Blow: 50bps of U.S. Tightening Now Priced

Key Takeaways Directionless open: The Stoxx 600 was flat; Germany’s DAX fell 0.6%; France’s CAC …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends