
TürkiyeTurkish Lira Weakens Against Dollar and Sterling
The Turkish Lira has seen a significant depreciation against the US Dollar, reaching an all-time high of 55.28, and is also showing downward movement against the British Pound.
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Turkish Lira Weakens Against Dollar and Sterling
First report 12h agoLast update 1h agoThere is concern over the Turkish Lira's weakening against major currencies, impacting the economy.
The Turkish Central Bank has raised inflation forecasts due to volatile energy prices and geopolitical tensions in the Strait of Hormuz, impacting production costs and local prices.
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