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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.

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