Islamic Invitation Turkey
       21 January 2017 - Saturday - 23 Rabi al-Thani 1438 | 20/01/2017 (22) 19/01/2017 (35) 18/01/2017 (54) 17/01/2017 (55) 16/01/2017 (38) Total: 119,478 content        Facebook Twitter Youtube

Turkish lira nosedives amid political uncertainty

19 August 2015 22:48

122ecff5-53a5-4fb1-89be-c83cf327b980

 

The Turkish lira saw growth by an average of 7 percent for more than a decade. But now it’s been reduced to the worst performing currency among emerging markets. Political uncertainty coupled with rising violence across Turkey is behind the unprecedented devaluation of the Turkish currency.

Turkish lira nosedives amid political uncertainty Tags

Scroll Up