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TURKISH LIRA TOWARDS THE ALL-TIME LOW

Published On 07 May 2020 07:45 AM


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Highlights:

  • The Turkish currency is under pressure amid the rising inflation, mounting unemployment, and slow growth.
  • US dollar surged by more than 1.5% against the lira.
  • Turkish lira will continue to weaken and it will further result in the recession for Turkey.

The Turkish currency fell towards the all-time low. The US dollar surged by more than 1.5% against the lira.....


Tags : Turkish lira, currency, recession, coronavirus, pandemic ,
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