Turkish lira marks new lows against the dollar

MADRID, 7 Jun.

Turkish lira marks new lows against the dollar

MADRID, 7 Jun. (EUROPA PRESS) -

The value of the Turkish lira against the dollar accelerated its fall this Wednesday, reaching a new minimum, given the prospect that the new economic team of the Government, led by the Minister of Finance, Mehmet Simsek, assume a more orthodox position and withdraw some currency support measures.

In this way, the dollar exchange came to strengthen up to 22.3425 liras from the close of 21.5475 liras of the Tuesday session.

Since Recep Tayyip Erdogan's electoral victory in the second round of the presidential elections on May 28, the 'green ticket' has appreciated almost 12% against the lira.

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