Turkish Lira at the crossroad
Syed Zubair Ahmed
DECEMBER 21, 2019
Turkey’s lira has hit its weakest level against the dollar in more than two months after the U.S. Senate committee backed legislation on Wednesday to impose sanctions on Turkey, it would further aggravate the ties, which are already strained with Washington. It is expected that the central bank may further cut its benchmark rate.
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Turkish Lira at the crossroad | Daily times