Turkish lira eases with emerging markets, eyes inflation report
Monday, 25 January 2016 20:34
Posted by Imaduddin
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imageISTANBUL: The Turkish lira drifted lower on Monday as investors trod cautiously ahead of Tuesday's central bank inflation report, and risk appetite waned anew as oil prices tumbled again.
The lira stood at 3.0116 against the dollar at 1133 GMT, just firmer than 3.0130 in late Friday afternoon trade, but off a high of 2.9998 overnight. It hit an all-time low of 3.0750 against the U.S. currency in September.
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