Turkey’s lira sinks to new low with little reprieve in sight (Al Jazeera)

Turkey’s lira sank to a new all-time low against the dollar on Monday and analysts saw little reprieve ahead given what one called expectations of an “irrational” interest rate cut later this week.

The worst performer in emerging markets this year, the Turkish currency touched a low of 9.35 against the dollar before closing at 9.34.

Turkey’s lira sinks to new low with little reprieve in sight | Business and Economy News | Al Jazeera

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

Latest articles

Related articles