USD/TRY: Here’s why the Turkish lira has crashed to a record low
The Turkish lira continued its slow downtrend and reached its all-time low as traders waited for the upcoming interest rate decision. The USD/TRY exchange rate rose to 41.94, up by almost 20% from its lowest point this year. It has soared by over 450% in the last five years. Why the Turkish lira is crashing
