11/30/2021, 6:16 PM (Source: TeleTrader)
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Turkish lira hits new record low against US dollar

The Turkish lira reached a new record low level against the United States dollar on Tuesday, as President Recep Tayyip Erdogan continued to advocate for interest rate cuts introduced by the Turkish central bank earlier this month.

At 6:15 pm CET, the dollar surged 4.84% against the Turkish lira to go for 13.455 and break the record level set on November 23.

Baha Breaking News (BBN) / ND