Turkish Lira Erdogan. The lira strengthened by 18 against the US. Turkeys Erdogan stays firm on interest rates lira weakens four percent Turkish lira in historic 15 percent crash after Erdogan stokes fire.
Insane where the lira is but its a reflection of the insane monetary policy settings Turkey is currently operating. Turkish lira banknotes are seen placed on US Dollar banknotes in this illustration taken November 28 2021. The lira surged more than 20 after Erdogans speech before trimming some of.
Still the Turkish currency has depreciated by about 45 against the dollar this year.
ANKARA Turkey AP The Turkish currency weakened by some 10 against the US. Erdogans Controversial Laws. ANKARA Turkey AP The beleaguered Turkish currency reached another record low against the US. Currency following Erdogans announcement.