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 at 9.7015 Turkish lira. And for 1 pound sterling, the Turkish lira reached 10.7334 lira.
It should be noted that these results are a historical record for the devaluation of the Turkish currency. The devaluation of the lira was amplified by the boycott of Turkish goods by Saudi Arabia, Morocco, other Arab countries, and Armenia.
However, it should also be noted that the Turkish currency fell sharply immediately after Turkish President Recep Tayyip Erdogan insulted French President Emmanuel Macron and called for a boycott of French goods.
Source: ermenihaber.am
Reconsidering the Language and Sacred Heritage of Urartu in Armenian Historical Thought For more than…
Among the earliest known states of the Armenian Highlands, few are as historically important as…
The medieval monastery of Dadivank is one of the most important spiritual and artistic centers…
In 1917, at the height of global upheaval during World War I, a small but…
The Armenian Genocide (1915–1921 ...) was not an accident of war, nor a tragic byproduct…
Introduction The first printed edition of the Bible in the Armenian language stands as one…