US Dollar hits two month peak, continues to rise
The U.S. dollar reached 2.29 against the Turkish Lira, its highest rate in two months, on Friday. The increase in the dollar continued after figures on the current account deficit were released by the Central Bank of Turkey on Thursday. The Central Bank of Turkey released the current deficit as $2.03 billion. This was a slight increase on Turkey's expected account deficit rate of $1.8-1.9 billion.The Euro has also reached 2.83 against the Turkish Lira, its highest rate since the end of October, while the ongoing decrease in gold and oil markets has continued. The US dollar had previously reached its highest rate of 2.28 against Turkish lira in mid-October.
Last Update: December 12, 2014 16:39