The currency touched a record low of 31.0035 by 1247 GMT, bringing its losses so far this year to nearly 5%
PHOTO
Turkey's lira hit a new all-time low of 31 to the U.S. dollar on Wednesday, continuing a recent steady decline that has seen it shed some 40% of its value since the start of 2023.
The currency touched a record low of 31.0035 by 1247 GMT, bringing its losses so far this year to nearly 5%.
(Reporting by Huseyin Hayatsever and Ece Toksabay; Writing by Tuvan Gumrukcu; Editing by Daren Butler)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
