Turkish lira continues slide following Erdogan’s election victory

Folks strolling subsequent to a Turkish nationwide flag on the historic grand bazaar in Istanbul. Ozan Kose | AFP | Getty Photos The Turkish lira slumped to yet one more all-time low Tuesday, extending its slide after the re-election of incumbent President Recep Tayyip Erdogan. The forex was final buying and selling at 20.29 towards the dollar at round … Read more

Turkey’s lira sinks to close document low as Erdogan is reelected

A person holding a Turkish flag. Uriel Sinai | Getty Photographs The Turkish lira sank Monday as incumbent Recep Tayyip Erdogan secured his victory within the 2023 presidential election, extending his rule into a 3rd decade in energy. The forex was buying and selling at 19.97 towards the buck as of Monday 4 a.m. London … Read more

Foreign money merchants bracing for Erdogan election chaos

Turkish flag over a DenizBank constructing. Turkey is anticipated to move to the polls on Sunday. Ismail Ferdous | Bloomberg | Getty Photographs The Turkish lira is already going through a number of the most unstable circumstances throughout world foreign money markets within the run-up to the nation’s landmark elections this weekend, with merchants predicting … Read more