Turkish Lira Slides To 10-day Low Versus U.S. Dollar
27 Agosto 2018 - 2:03AM
RTTF2
The Turkish Lira weakened against the U.S. dollar in the
European session on Monday, weighed by continued worries over rift
with Washington over the detention of evangelical Christian Andrew
Brunson.
Investors remain concerned about the prolonged standoff between
Washington and Ankara sparked by the detension of Brunson and its
impact on the nation's economy.
The Lira fell to a 10-day low of 6.2306 against the greenback,
down by 4.5 percent from a 10-day high of 5.9608 hit at the
beginning of today's trading. If the Lira falls further, it may
breach a record low of 7.08 that was set on mid-August.
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