Turkish Lira Exchange Rate Hits Another Record Low Against USD
The exchange rate of the Turkish lira fell to 8.04 against 1 USD Monday, breaking the previous record low of 7.97, which was recorded on October 22, Bloomberg reports.
Earlier, Bloomberg had linked the ongoing devaluation of the lira to the fears that Ankara could become embroiled in the Nagorno-Karabakh (Artsakh) conflict between Armenians and Azerbaijanis.
As is know, Turkey has close relations with Azerbaijan, and Turkish President Recep Tayyip Erdogan has stated that he supports Baku in the aforesaid conflict.
Other materials on this subject
- 2 dead, 2 injured after fire at lodging section of Armenian Catholic Church in Istanbul He said the firefighter-rescue team arrived immediately. Armenian Catholic Archeparch of Istanbul Archbishop Lévon Zékiyan was also on the scene.
- Turkey is sending Cold War-era cluster bombs to Ukraine – FP The weapons are designed to destroy tanks by bursting into smaller submunitions, which can linger on the battlefield for years if they do not immediately explode. Each round scatters about 88 bomblets.
- Fire erupts in Turkey’s Black Sea port of Samsun following explosion The causes for the explosion that led to a fire are currently being analyzed.
- EU Urges Turkey to Stop Offering Russia Solutions to Circumvent Sanctions Speaking about the EU's engagement with Turkey, an important neighbor, EU partner and candidate country for EU membership, we stress the importance of ensuring that Turkey's foreign policy is aligned with...
- Any Change of Internationally Recognized Borders in Region is Unacceptable – Iranian President to Erdogan "The basis of our policy in the region is that the fates of the countries must be determined by themselves and that their national sovereignty and territorial integrity must be respected" Raisi told Erdogan...
-
17:08The regular session of the Anti-corruption Policy Council takes place in Jermuk
-
15:05The Prime Minister sends congratulatory messages to the supreme leader of Iran and the President of Iran
-
11:11Armenia sends earthquake aid to Turkey
-
10:43Commemoration of the Pontiff St. Sahak Partev
-
09:16Some roads are closed and difficult to pass in Armenia
-
19:55Phone conversation of the Foreign Minister of Armenia with the U.S. Assistant Secretary of State for European and Eurasian Affairs
-
18:30Prime Minister Pashinyan and President Khachaturyan meet
-
18:20Ararat Mirzoyan with Co-Chairman of the OSCE Minsk Group of France Brice Roquefeuil
-
17:01Humans could land on Mars within 10 years, Musk predicts
-
16:45France, US urge 'immediate' end to Nagorno Karabakh blockade
-
16:01Blockaded Nagorno Karabakh launches fundraiser to support quake-hit Syria
-
15:59Earthquake death toll in Turkey rises to 18,342
-
15:43Ararat Mirzoyan Held a Telephone Conversation with Sergey Lavrov
-
15:06French president rules out fighter jet supplies to Ukraine in near future
-
14:475 Day Weather Forecast in Armenia
-
14:44President Vahagn Khachaturyan wrote a note in the book of condolences opened in the Embassy of Syria in Armenia
-
14:20Azerbaijan’s provocations impede establishment of peace and stability – Armenian FM tells Russian Co-Chair of OSCE MG
-
12:57France representation to OSCE: Paris calls on Azerbaijan to restore freedom of movement through Lachin corridor
-
11:40Command of Kosovo forces highly appreciated preparation of Armenian peacekeepers
-
10:16The United States withdrew from sanctions against Syria for six months the provision of assistance after the earthquake
Most read
day
week
month
Weather
Yerevan
Humidity: %
Wind: km/h
0 C°
0° 0°
23.12.2024
0° 0°
24.12.2024
Poll