Dollar reaches to 4.25 lira in Turkey

Dollar reaches to 4.25 lira in Turkey This is related to expectations on rising of American currency globally, as well as increasing of prices within country
Finance
May 4, 2018 12:10
Dollar reaches to 4.25 lira in Turkey

Baku. 4 May. REPORT.AZ/ Today, the US dollar rate in Turkey reached 4.25 lira.

Report informs, this is about 1% more than the previous day's results.

Fall in exchange rate of Turkish lira is due to expectations with rise of US currency in global financial markets, as well as accelerating rising of prices within the country.

Along with dollar, other foreign currencies have also risen in the neighboring country. Exchange rate of euro was 5.09 lira, while British pound sterling rate rose to 5.76 lira.

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