Urgent: Turkish lira records a record low

Translated by New Turk Post

The Turkish lira witnessed a new decline against the US dollar, as it recorded 8.5016 at 14:23.

With the tightening steps from the central bank, the Turkish lira stabilized at 8.35, but rose again to hit 8.44 Tuesday morning against the US dollar, and 9.844 against the euro.

And local agencies indicated that the Turkish lira recorded a slight advance yesterday, after the Central Bank announced the decision to impose new restrictions on the circulation of funds, according to the translation of the New Turk Post.

In addition to the decline in risk appetite for investment due to the US elections and the new restrictions imposed by European countries on financial trading.

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