BR100 Decreased By (-0.6%)
BR30 Decreased By (-0.89%)
KSE100 Decreased By (-0.48%)
KSE30 Decreased By (-0.46%)
AGHA 6.62 Decreased By ▼ -0.05 (-0.75%)
BECO 4.36 Increased By ▲ 0.01 (0.23%)
BML 55.20 Decreased By ▼ -0.97 (-1.73%)
BOP 29.95 Decreased By ▼ -0.17 (-0.56%)
CNERGY 12.81 Decreased By ▼ -0.17 (-1.31%)
CSIL 5.24 Decreased By ▼ -0.07 (-1.32%)
FCCL 51.08 Decreased By ▼ -0.57 (-1.1%)
FFL 14.33 Decreased By ▼ -0.16 (-1.1%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 6.02 Decreased By ▼ -0.04 (-0.66%)
KOSM 5.55 Decreased By ▼ -0.29 (-4.97%)
LOTCHEM 26.09 Decreased By ▼ -0.08 (-0.31%)
MLCF 89.34 Decreased By ▼ -1.89 (-2.07%)
NBP 162.00 Decreased By ▼ -2.19 (-1.33%)
NCPL 52.55 Decreased By ▼ -0.63 (-1.18%)
NPL 58.06 Decreased By ▼ -1.06 (-1.79%)
OGDC 312.92 Decreased By ▼ -0.47 (-0.15%)
PACE 9.67 Decreased By ▼ -0.10 (-1.02%)
PAEL 34.99 Decreased By ▼ -0.25 (-0.71%)
PIBTL 14.35 Decreased By ▼ -0.36 (-2.45%)
PPL 219.03 Decreased By ▼ -2.33 (-1.05%)
PRL 91.50 Increased By ▲ 0.28 (0.31%)
PTC 58.75 Decreased By ▼ -0.44 (-0.74%)
SSGC 23.00 Decreased By ▼ -0.30 (-1.29%)
TBL 8.63 Decreased By ▼ -0.12 (-1.37%)
TELE 7.50 Decreased By ▼ -0.11 (-1.45%)
TPL 21.27 Decreased By ▼ -0.76 (-3.45%)
TPLP 12.13 Decreased By ▼ -0.43 (-3.42%)
TREET 21.60 Decreased By ▼ -0.13 (-0.6%)
TRG 55.28 Decreased By ▼ -0.51 (-0.91%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Markets

Turkish lira plunges 17% after central bank boss sacked

  • It later recovered slightly to sit at 8.09.
Published Updated
Save
1 min
Comments
By AFP
Add BRecorder as a trusted
source on Google
Google Preferred Source

HONG KONG: The Turkish lira collapsed more than 17 percent Monday after President Recep Tayyip Erdogan sacked the country's market-friendly central bank chief.

The currency fell to as low as 8.47 per US dollar in early trade Monday, having closed at 7.22 at the end of last week, after Naci Agbal was replaced by former ruling party lawmaker Sahap Kavcioglu.

It later recovered slightly to sit at 8.09.

Recep Tayyip Erdogan Turkish lira President Naci Agbal

Comments

Comments are closed for this article.

More Stories

Browse all stories