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Turkish lira continues decline, hit record low against US dollar

Turkish lira continues decline, hit record low against US dollar
2024-03-11T13:03:08+00:00

Shafaq News / The Turkish lira continued its decline against foreign currencies during Monday's trading, marking a new record low against the US dollar at 32 ₺ per dollar, down by approximately 0.52%.

This significant drop in the Turkish currency comes alongside a rise in inflation rates in Turkey, which were revealed last week, indicating that inflationary pressures continue to impact the Turkish lira.

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