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Turkish lira drops to record low
Date: 09/01/2017 11:50
Information / Baghdad ..
Turkish lira fell one percent to a record low, at a record level of 3.6829 pounds to the dollar on Monday, with the US currency rising thanks to data showing strong fundamental growth in wages, which reinforces the justification to raise interest rates for more times in 2017.
By 7:13 am GMT, the lira stood at 3.6800 to the dollar, compared with Friday closing at 3.6470 pounds.
In addition to rising US currency suffers lira due to local political, economic and security concerns. Finished / 25
http://almaalomah.info/2017/01/09/economic/120238
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