There is no stopping her downward spiral Turkish liraeven though the debate about the economy “flared up” immediately after his re-election Recep Tayyip Erdogan. The Turkish lira fell to 20.05 pounds against the dollar.
This is a new historical low for the Turkish currency against the dollar. In particular, the Turkish lira reached a new historical nadir early Tuesday morning and is still trading lower than yesterday. It was a third straight day of losses as the pound fell 1.5% to a low of £20.75 against the US dollar.
Specifically, broke the psychological barrier of 21 pounds per dollarwhich with the opening of the stock market started on the official market on 21.72 pounds. It is noted that the currency has lost almost 77% of its value against the dollar in the last five years.
Source: News Beast
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