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Turkey’s Lira Sinks to Two-month Low in Post-Election Trade

admin-augaf by admin-augaf
May 15, 2023
in Business, Finance, News
Reading Time: 1 min read
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Istanbul May 15 2023: Turkey’s lira has slipped to a fresh two-month low as financial markets kicked off trading in the wake of the elections with the race appearing headed for a run-off.

The currency weakened to 19.70 to the dollar before retracing some of its losses to 19.66, on track for its worst session since early November.

That was not far off the 19.80 level it hit in early March following deadly earthquakes in February.

Tags: ElectionsErdoganLira
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