{"id":48495,"date":"2021-07-16T14:03:29","date_gmt":"2021-07-16T10:03:29","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48495"},"modified":"2021-07-16T14:03:33","modified_gmt":"2021-07-16T10:03:33","slug":"turkish-lira-at-a-month-high-as-interest-rate-cut-fears-recede","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/turkish-lira-at-a-month-high-as-interest-rate-cut-fears-recede\/07\/16\/market-updates\/","title":{"rendered":"Turkish Lira at a Month High as Interest Rate Cut Fears Recede"},"content":{"rendered":"\n<p>The Turkish lira rose to its highest level in a month on Friday, buoyed by fading fears of an imminent interest rate cut as well as increasing optimism over emerging market currencies.<\/p>\n\n\n\n<p>The lira rose 0.6% to 8.5 per dollar, extending its recovery from a record low of 8.88 in early June. It rose for the past five days in a row.<\/p>\n\n\n\n<p>Turkey&#8217;s central bank kept its interest rate at 19% on Wednesday and said inflation could be volatile during the summer but gave no clear indication that the expected easing was imminent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Turkish lira rose to its highest level in a month on Friday, buoyed by fading fears of an imminent interest rate cut as well as increasing optimism over emerging market currencies. The lira rose 0.6% to 8.5 per dollar, extending its recovery from a record low of 8.88 in early June. It rose for &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":[37,36],"tags":[7095],"class_list":["post-48495","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-turkey"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48495","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=48495"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48495\/revisions"}],"predecessor-version":[{"id":48496,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48495\/revisions\/48496"}],"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=48495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}