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Turkish lira hits fresh record low against the U.S. dollar

by Editor January 11, 2024, 12:29 pm 1.9k Views

Turkish lira hits fresh record low against the U.S. dollar

Vanishing Turkish Currency: 1 Turkish Lira with the Portrait of Kemal AtatürkTurkish

Manuel Augusto Moreno | Moment | Getty Images

The Turkish lira hit a fresh record low against the U.S. dollar on Thursday, trading at 30.005 to the greenback just before noon local time.

It marks the first time that the lira has broken 30 against the dollar, which was up 0.17% against the Turkish currency from the previous day’s session.

The beleaguered lira has…

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