According to trade data, the Turkish lira is still depreciating against the dollar and is reaching a historic low.
At the moment, one US dollar is worth 9.93 pounds.
According to the US Department of Labor, annual inflation accelerated to 6.2% in October instead of the expected 5.8%. This is the highest rate since November 1990. Consumer price growth was estimated at 5.4% in September. Against this background, the dollar strengthened significantly against the yen, the euro, and the pound.
