Turkish Lira At Record Low Against U.S. Dollar On Expulsion Of Envoys
25 Octobre 2021 - 8:33AM
RTTF2
Turkish President Recep Tayyip Erdogan's order to remove foreign
ambassadors who demanded the release of a government critic Osman
Kavala pushed down the Turkish Lira to a record low against the
U.S. dollar on Monday.
Erdogan said that the ambassadors of the United States and nine
other Western countries will be expelled from Turkey immediately
after they called for a resolution to the case of Kavala, who has
been jailed since 2017 without being convicted.
The President said that he had ordered the foreign minister to
declare these 10 ambassadors as persona non grata as soon as
possible and has asked to leave Turkey.
Erdogan's order came after these 10 ambassadors issued a joint
statement on October 18 demanding a speedy resolution to Kavala's
case and his acquittal.
The Turkish Lira plunged to a record low of 9.8395 against the
greenback in Asian trading and has since stabilized around 9.7469.
The USD/TRY pair had closed Friday's deals at 9.5862.
US Dollar vs TRY (FX:USDTRY)
Graphique Historique de la Devise
De Août 2024 à Sept 2024
US Dollar vs TRY (FX:USDTRY)
Graphique Historique de la Devise
De Sept 2023 à Sept 2024