Turkish lira

Turkish lira falls to record low following Erdogan’s call for rate cut  

Turkish lira falls to record low following Erdogan’s call for rate cut  

  • Turkish lira lost 0.6 percent of its value and hit a low of 8.88 lira to the US dollar
  • The drop came after President Recep Tayyip Erdogan announced his willingness to cut interest rates June 1
By Arab News ·