Turkish Lira Hits Record Low

Turkish Lira Hits Record Low

Illustration of Turkish Lira, Turkish Lira hits record low of 27 Lira to the US Dollar, in July 2023. Turkish inflation soared to 9.49 percent month-on-month in July, official data showed on Thursday, rising slightly more than forecast and driven by various tax hikes and the lira’s sharp depreciation. Photo by Abdurrahman Antakyali/Depo Photos/ABACAPRESS.COM

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