Turkish lira weakens anew towards record low against dollar

The Turkish lira slid 0.7% against the dollar on Monday, weakening once again towards its record lows against the U.S. currency as concerns persisted over the central bank's monetary easing despite inflation above 21%.

At 0617 GMT, the lira stood at 13.8500 compared to a close of 13.7485 at Friday's close. It touched an all-time low of 14.00 last week after a plunge over the last month.

Source: Reuters

Fri 12:00
broken clouds
12.56
°
C
Sat
14.42
mostlycloudy
Sun
12.94
mostlycloudy
Mon
14.92
mostlycloudy
Tue
14.54
mostlycloudy
Wed
14.92
mostlycloudy