Day archives: November 1st, 2020

The Turkish Lira Has Hit New Devaluation Records

The Turkish Lira Has Hit New Devaluation Records

Recently, the national currency of Turkey, the lira, has continued to hit new devaluation “records” against the US dollar, euro, and pound sterling. In the Turkish foreign exchange market, as of October 28, the Turkish lira fell against the US dollar to a new record of 8.2388. For 1 euro, the exchange rate was set …