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

Mon 9:00
scattered clouds
20.87
°
C
Tue
21.33
mostlycloudy
Wed
23.09
mostlycloudy
Thu
26.45
mostlycloudy
Fri
23.68
mostlycloudy
Sat
21.13
mostlycloudy