Turkish lira continues to fall

Turkish lira continues to fall Baku. 15 May. REPORT.AZ/ Turkey's national currency – lira continues to decline.
Business
May 15, 2018 11:27
Turkish lira continues to fall

Baku. 15 May. REPORT.AZ/ Turkey's national currency – lira continues to decline.

Report informs citing the Turkish media, the reason is political uncertainty in the country and events in the Middle East.

Finally, the US dollar exchange rate in Turkey made 4,3983 liras and the euro rate - 5,2481 liras.

Analysts link decline of Turkish lira with the rise in crude oil prices in the world market and increase in government spending.

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