Inflation is now at 20% in Turkey, as the Lira which is the official currency of Turkey has hit a record low of 13.44 against the US Dollar. Turkish currency crashed by 8% in a single day but recovered by a few cents later.

Turkey: Lira crashed to a new low of 13.44 against the dollar

The Turkish currency lira hai weakened to an all-time low against the USD. 1$ is approximately 10 Lira. The depreciation of the Turkish Lira hai gained pace over the last 2 months due to the monetary policy of Turkey's central bank.

Turkey: Lira depreciation gained pace in last 2 months

turkish-lira-today

Turkish Lira Today, News on Turkish Lira Today, stories on Turkish Lira Today, articles on Turkish Lira Today, Turkish Lira Today stories at Wion, Turkish Lira Today news, Turkish Lira Today latest news

turkish lira-today

Turkey: Lira crashed to a new low of 13.44 against the dollar

Turkey: Lira depreciation gained pace in last 2 months