{"id":34396,"date":"2020-09-24T11:21:53","date_gmt":"2020-09-24T07:21:53","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=34396"},"modified":"2020-09-24T11:29:23","modified_gmt":"2020-09-24T07:29:23","slug":"lira-hits-a-fresh-low-ahead-of-cbrt-decision","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/lira-hits-a-fresh-low-ahead-of-cbrt-decision\/09\/24\/market-updates\/","title":{"rendered":"Lira Hits a Fresh Low Ahead of CBRT Decision"},"content":{"rendered":"\n<p>The Turkish lira slumped to a new record low against the US dollar, as investors cautiously await the outcome of the central bank&#8217;s policy meeting, which is expected to leave the key interest rate pending.<\/p>\n\n\n\n<p>A Reuters poll of 17 economists showed that the bank was keeping its repurchase rate for a steady week at 8.25%. Three economists have predicted a rate hike, with estimates ranging from 100 to 150 basis points.<\/p>\n\n\n\n<p>At 06:45 GMT, the lira was at 7.7025 against the dollar, after touching an all-time low of 7.7170 earlier in the session. It closed at 7.7030 on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Turkish lira slumped to a new record low against the US dollar, as investors cautiously await the outcome of the central bank&#8217;s policy meeting, which is expected to leave the key interest rate pending. A Reuters poll of 17 economists showed that the bank was keeping its repurchase rate for a steady week at &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34228,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,36],"tags":[6997,7121,7095],"class_list":["post-34396","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-market-updates","tag-economy","tag-lira","tag-turkey"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=34396"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34396\/revisions"}],"predecessor-version":[{"id":34398,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34396\/revisions\/34398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34228"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=34396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=34396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=34396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}