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

Sun 6:00
scattered clouds
9.88
°
C
Mon
14.46
mostlycloudy
Tue
15.6
mostlycloudy
Wed
17.78
mostlycloudy
Thu
16.4
mostlycloudy
Fri
16.1
mostlycloudy