Turkish lira sees new record lows against US dollar, euro

  09 January 2017    Read: 1281
Turkish lira sees new record lows against US dollar, euro
The Turkish lira hit a new record low against the U.S. dollar and euro on Monday morning after labor data from the world`s largest economy on Friday showed growth was poised to accelerate.
Turkey`s currency fell to a historic low of 3.7400 against the dollar in early trading on Monday after starting the day at 3.6510. The previous record of the parity rate was set at 3.64 on Jan. 5.

Started trading at 3.84 level when markets opened, euro also surpassed 3.92 mark against Turkish lira, posting a new record high.

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