Turkish lira dips after central bank hikes interest

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Turkish lira dips after central bank hikes interest

STORY: Turkish lira dips after central bank hikes interest DATELINE: June 23, 2023 LENGTH: 00:01:30 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul city in Türkiye 2. various of an exchange office in Istanbul, Türkiye 3. various of the Istanbul Stock Exchange in Türkiye 4. various of Türkiye's central bank 5. various of Hafize Gaye Erkan, governor of Türkiye's central bank (courtesy of Ihlas news agency) 6. various of Turkish President Recep Tayyip Erdogan in Ankara, Türkiye (file) 7. various of Turkish Finance Minister Mehmet Simsek in Ankara, Türkiye (file) STORYLINE: Turkish currency on Thursday hit an all-time low against the U.S. dollar after the central bank hiked the interest rate well below market expectations. The lira hit 24.49 against the greenback on Thursday afternoon after the rate decision, dropping further from Wednesday's rate of 23.55. The currency's depreciation against the greenback has exceeded 20 percent since the beginning of the year. Meanwhile, Türk

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