Open Demo Account
Home / Breaking News / Turkish Lira Hits a Fresh Low Against US Dollar

Turkish Lira Hits a Fresh Low Against US Dollar

Adel 18 September, 2020 2:40 pm Breaking News, Market Update

The Turkish lira fell to a fresh low against the dollar, as investors focused on the possible steps of the central bank to tighten monetary policy ahead of a policy meeting next Thursday.

Lira touched a low of 7.5660, retreating from Thursday’s close of 7.5595.

The Lira has fallen more than 21% against the US currency since the beginning of this year.

Tags

Check Also

Market Drivers — US Session: Upon US Dollar’s Retreat, What’s Next for Currencies and Commodities?

The US dollar’s recent retreat has stirred global markets, spotlighting tensions in currency pairs, gold …

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