Turkish central bank issues brief statement as lira hits record low
Lira hits lowest-ever level against dollar and euro as central bank’s response remains unclear
Turkey’s currency hit its lowest ever level against the US dollar today (August 6), while the country’s central bank issued a brief statement.
The Turkish lira reached 7.21 against the dollar as market concerns about the country’s macroeconomic management rose. The lira also hit its lowest ever level of 8.6 against the euro during the day’s trading.
The Central Bank of the Republic of Turkey issued a short and uninformative statement, attempting to strike a confident note before acknowledging
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