Report

rss

Iraq News

Kurdistan

Economy

World

All News

Turkish lira rebounds firmly from near record low

Category: Economy

Date: 2021-05-17T10:14:11+0000
Turkish lira rebounds firmly from near record low

Shafaq News/ Turkey's lira rallied 1.2% on Monday, pulling back from near a record low on Thursday, as weaker U.S. economic data pulled U.S. yields lower, easing pressure as the emerging market economy re-opened after a four-day holiday weekend.

The currency TRYTOM=D3 was at 8.34 against the dollar at 0621 GMT. It has gained nearly 2% since Thursday of last week, when it touched its weakest level in six months, at 8.51, as global inflation concerns bubbled up.

Turkey's government on Monday lifted a daytime coronavirus lockdown, imposed 2-1/2 weeks ago, which included closing schools and some businesses. Nighttime and weekend curfews remain in place.

Source: Reuters

related

Turkish lira outperforms, EM forex index slips

Date: 2021-06-14 09:16:29
Turkish lira outperforms, EM forex index slips

Turkish lira plunges 5% after Erdogan stokes firesale

Date: 2021-11-23 10:02:43
Turkish lira plunges 5% after Erdogan stokes firesale

Turkish Lira has depreciated about 30% of its value

Date: 2020-11-02 07:34:20
Turkish Lira has depreciated about 30% of its value

Turkish lira slides on rate cut fears; EM stocks retreat

Date: 2021-08-05 09:22:04
Turkish lira slides on rate cut fears; EM stocks retreat

Turkish lira rebounds from record low despite policy worries

Date: 2021-11-24 16:53:11
Turkish lira rebounds from record low despite policy worries

Turkish lira weaker a day before crucial rate decision

Date: 2020-11-18 10:14:32
Turkish lira weaker a day before crucial rate decision

Turkish lira weakens to a new record low

Date: 2021-10-13 18:38:05
Turkish lira weakens to a new record low

Turkish lira skids again after Erdogan orders manipulation probe

Date: 2021-11-29 08:51:30
Turkish lira skids again after Erdogan orders manipulation probe