Open Demo Account
Home / Market Update / Forex Market / The Turkish lira fell to 15.16 against the dollar

The Turkish lira fell to 15.16 against the dollar

Adel 10 May, 2022 1:40 pm Forex Market, Market Update

The Turkish lira fell another 0.4 percent against the dollar on Tuesday, extending its losses the previous day and returning to lows hit in late December after a series of interest rate cuts.

The lira fell to 15.1620 per dollar by 0630 GMT from 15.09 at the close on Monday.

The Turkish currency lost 13 percent of its value this year, in addition to 44 percent lost in 2021.

Tags

Check Also

Oil Prices Edge Higher Amid Cooling Inflation and Supply Resumptions

Oil prices began the week on a positive note, bolstered by data showing cooling U.S. …

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