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Turkish lira's real effective exchange rises to 90.31 in April

  ANKARA: The consumer price index-based real effective exchange rate of the Turkish lira rose to 90.31 in April
Published May 4, 2017 Updated May 4, 2017 03:14pm
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By Shoaib Ur Rehman
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ANKARA: The consumer price index-based real effective exchange rate of the Turkish lira rose to 90.31 in April from 89.38 a month earlier, central bank data showed on Thursday.

The rate, announced by the central bank, measures the weighted average of domestic prices relative to those of Turkey's trading partners.

 

Copyright Reuters, 2017
 

 

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