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Tuesday, February 25, 2020

Turkish lira declines ahead of central bank chief's speech | Ahval

Turkish lira declines ahead of central bank chief's speech
Feb 25 2020 11:17 Gmt+3
Last Updated On: Feb 25 2020 11:55 Gmt+3
Turkey’s lira fell, adding to losses of about 1 percent on Monday, as investors awaited a speech by Central Bank Governor Murat Uysal.

The lira dropped 0.2 percent to 6.12 per dollar as of 11:50 a.m. local time. The decline yesterday, sparked by concerns about the coronavirus and tensions in Syria, marked the lowest level for the currency in regular trading since May.

more:Turkish lira declines ahead of central bank chief's speech | Ahval