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US dollar sets new record against Turkish Lira at 3.073 on Eid al-Adha

by Daily Sabah

ISTANBUL Sep 24, 2015 - 12:00 am GMT+3
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by Daily Sabah Sep 24, 2015 12:00 am
The U.S. dollar sets new record high against Turkish lira at 3.073 on Thursday, the first day of Eid al-Adha.

Currencies of developing countries are under pressure as they await U.S. Federal Reserve Chair Janet Yellen's speech on inflation, a key determinant in raising interest rates, due at 2100 GMT on Thursday.

As markets are closed in Turkey during the four-day long Eid al-Adha holiday, transactions are only being made in international markets.

The last record was set on September 14 at 3.069.

The euro also climbed to 10-day high level against TL at 3.46.
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