Baku 22° C
Turkish lira stabilizes at TRY12 per dollar
Finance
- 25 November, 2021
- 15:05
Add Report.az to preferred Google sources
Stay up to date with the top news!
The rate of the Turkish currency on Thursday does not experience strong fluctuations after a sharp fall on Tuesday, remaining at around TRY12 per dollar, as Report informs, this is evidenced by the auction data.
As of 16:30 Baku time, the Turkish currency rate was TRY11.93 per dollar. Earlier on Thursday, it fluctuated in a range of TRY11.9 to TRY12.1.
The Turkish currency has fallen in price by almost 40% over the year, and on Tuesday set a new anti-record, falling from TRY11.37 to TRY13.21 per dollar. Such a sharp drop per day is the maximum over the past 20 years. It happened after the Turkish central bank decided last Thursday to reduce the discount rate to 15% from 16%.
Author
Latest News
01:40
Photo
Authorities deny alleged hijab ban in Azerbaijani medical facilities
Domestic policy
00:01
23 years since Ilham Aliyev was first elected President of Azerbaijan
Domestic policy
23:47
Slovakia will not join new European loan for Ukraine
Other countries
23:30
Gold prices fall sharply as stronger US inflation boosts dollar
Finance
22:50
Photo
Dinner hosted on behalf of President Ilham Aliyev in honor of participants of 7th CICA Summit
Foreign policy
22:38
President Ilham Aliyev met with President of Tajikistan
Foreign policy
22:36
Two ships sink near Strait of Hormuz after projectile strikes
Other countries
22:08
Photo
President Ilham Aliyev met with President of Uzbekistan - UPDATED
Foreign policy
21:56
Davr Bank renamed ABB Davr Bank as management is restructured
Finance