The Turkish national currency depreciated against the US dollar by another 6%. According to Report.ge, the information about this is spread by the Central Bank of Turkey.
According to December 24 trading data, one US dollar is worth 11.56 pounds. The day before, it was trading at $ 10.9.
On December 16, the Central Bank of Turkey decided to reduce the discount rate from 15% to 14%, which led to a sharp drop in the Turkish currency - on December 20, the dollar reached a record high of 18.4 lira.
The dollar was worth 6.9 lira in February, after which the Turkish currency depreciated by almost 120 percent.
The lira fell sharply after Turkish President Recep Tayyip Erdogan fired three senior central bank officials, including two deputy governors.
