Turkish Lira Hits Record Low on 219 of Past 260 Trading Days
The Turkish lira has hit a record low against the dollar on 219 of the past 260 trading days as its prolonged depreciation continues.
Stay informed with concise, high-impact updates on the most important business, tech, and market stories of the day. Our Briefs deliver quick yet comprehensive coverage of breaking developments, corporate moves, regulatory changes, and major innovations shaping global industries. Each piece distills complex events into clear, actionable insights - perfect for readers who want to stay ahead without scrolling through endless newsfeeds. Designed for professionals and investors alike, this section keeps you connected to the pulse of global markets and the business world in minutes.
The Turkish lira has hit a record low against the dollar on 219 of the past 260 trading days as its prolonged depreciation continues.
The Japanese yen erased roughly three months of losses against the U.S. dollar in a historic rally that fueled speculation of large-scale government intervention.
The Turkish lira falls to a record low of 45 per dollar amid ongoing economic pressures.
The Turkish lira falls to a record low as inflation and macroeconomic pressures weigh on the currency.
The Iranian rial hits a record low of 1.5 million per dollar as protests over the economic crisis spread nationwide.
Iran’s rial falls to near-zero exchange levels, highlighting deepening currency collapse and sustained economic pressure.
The Iranian rial has plunged to a historic low near 1,250,000 per U.S. dollar, extending a multiyear currency collapse driven by sanctions and dwindling foreign reserves.
The Turkish lira hit a new historic low as inflation pressures and policy uncertainty continued to undermine currency stability.
The dollar is set for its biggest weekly fall in four months as investors price in a December Fed rate cut while other central banks turn more hawkish.
RBC Capital Markets forecasts a potential 40% dollar drop, urging investors to hedge via euro and yen options.