{"id":39068,"date":"2020-12-24T10:36:16","date_gmt":"2020-12-24T06:36:16","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=39068"},"modified":"2020-12-24T10:36:19","modified_gmt":"2020-12-24T06:36:19","slug":"turkish-lira-drops-slightly-ahead-of-rate-decision","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/turkish-lira-drops-slightly-ahead-of-rate-decision\/12\/24\/market-updates\/","title":{"rendered":"Turkish Lira Drops Slightly Ahead of Rate Decision"},"content":{"rendered":"\n<p>The Turkish lira fell 0.45% against the US dollar ahead of a central bank meeting on interest rates, in which the bank is expected to raise its benchmark interest rate by 150 basis points.<\/p>\n\n\n\n<p>The currency reached 7.6590 against the dollar, a level just below its closing price on Wednesday at 7.6250. And the pound is down by about 23% since the beginning of the year.<\/p>\n\n\n\n<p>A Reuters poll concluded that the central bank is expected to continue tightening policy and raise its benchmark interest rate to 16.5% from 15%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Turkish lira fell 0.45% against the US dollar ahead of a central bank meeting on interest rates, in which the bank is expected to raise its benchmark interest rate by 150 basis points. The currency reached 7.6590 against the dollar, a level just below its closing price on Wednesday at 7.6250. And the pound &hellip;<\/p>\n","protected":false},"author":9,"featured_media":37851,"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":[36],"tags":[7121,7095],"class_list":["post-39068","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-lira","tag-turkey"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39068","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=39068"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39068\/revisions"}],"predecessor-version":[{"id":39069,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39068\/revisions\/39069"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/37851"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=39068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=39068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=39068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}