TRY / USD ratio exceeds 4.8

Baku. 22 May. REPORT.AZ/ Today, the TRY / USD ratio in global financial markets has reached 4,8203 and updated historical record.

Report informs citing the Turkish media.

Notably, at the beginning of this week, US dollar rate in Turkey was 4.5 liras. At the end of the day, it rose to 4.8 liras.

Compared to the beginning of the year, lira depreciated by 20.27% against US dollar. In terms of depreciation against US currency, the Turkish national currency rate is behind of Argentine Peso. From the beginning of the year the national currency of Latin America has dropped by 23.32% against US dollar.