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Markets

Turkish lira weakens to lowest level since Aug. 2018

The lira stood at 6.8580 against the dollar 0834 GMT, its lowest since August 2018, weakening from a close of 6.820
15 Apr 2020
  • The lira stood at 6.8580 against the dollar 0834 GMT, its lowest since August 2018, weakening from a close of 6.8200 on Monday.

ISTANBUL: Turkey's lira weakened some 0.5pc against the dollar on Wednesday to its lowest level since the height of the 2018 currency crisis, as investors eyed the economic impact of the spread of COVID-19 in Turkey.

The lira stood at 6.8580 against the dollar 0834 GMT, its lowest since August 2018, weakening from a close of 6.8200 on Monday.