Lira $TRUMP $xa
$XAU
#محضر_الفيدرالي #SpotGoldHitsHighestSinceMay15 #BitcoinHitsIntradayHigh$75500 #TreasuryBuybacksCouldExceed$4BPerIssue #TreasuryBuybacksCouldExceed$4BPerIssue Turkish lira plunges into a historic low..
The dollar surpasses 48 liras for the first time
The US dollar exchange rate against the Turkish lira recorded a new record high during Friday’s trading, after it continued its gains above the 48-lira level by about 0.8%, surpassing all previous record levels, amid ongoing pressure on the Turkish currency alongside rising inflation and increasing budget deficit, despite local interest rates remaining at high levels.
The pair’s recording of its highest-ever level reflects the continued upward trend of the dollar against the lira, at a time when the Turkish economy faces challenges related to price increases, public finance, and investor confidence, while the dollar continues to benefit from capital inflows into US markets.
$XAU
#محضر_الفيدرالي #SpotGoldHitsHighestSinceMay15 #BitcoinHitsIntradayHigh$75500 #TreasuryBuybacksCouldExceed$4BPerIssue #TreasuryBuybacksCouldExceed$4BPerIssue Turkish lira plunges into a historic low..
The dollar surpasses 48 liras for the first time
The US dollar exchange rate against the Turkish lira recorded a new record high during Friday’s trading, after it continued its gains above the 48-lira level by about 0.8%, surpassing all previous record levels, amid ongoing pressure on the Turkish currency alongside rising inflation and increasing budget deficit, despite local interest rates remaining at high levels.
The pair’s recording of its highest-ever level reflects the continued upward trend of the dollar against the lira, at a time when the Turkish economy faces challenges related to price increases, public finance, and investor confidence, while the dollar continues to benefit from capital inflows into US markets.