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27 July 2022, Wednesday / Published in Economy

Turkish Lira declines against US Dollar to a new record

The Turkish Lira (TRY) depreciated further against the US Dollar and reached the psychological limit of 18 liras, and closed the day at 17.92 just before the US Federal Reserve announced its interest rate decision on July 27.  The last time the US Dollar TRY parity passed the 18 limit  was on December 18 2021
dollareconomyexchange rateinflationtryTurkish lira
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