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Wednesday, July 29, 2020

Turkish lira hits record low against the euro amid selling, sanctions risk

Turkish lira falls to a fresh record low against the euro amid investor selling, sanctions risk
PUBLISHED TUE, JUL 28 202012:02 PM EDT
Natasha Turak

The lira was briefly trading at a record low of 8.1733 to the euro just after 10 a.m. London time on Tuesday. The euro, which is also at its strongest level against the dollar in almost two years, has gained about 22% on the lira year-to-date.

More:Turkish lira hits record low against the euro amid selling, sanctions risk