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Historic low for Turkish lira against US dollar

2024-01-12 00:00

The Turkish experienced a record low against the US dollar, trading above 30 liras per dollar. Yesterday, at 10:25 a.m. local time, 1 dollar was equivalent to 30.01 liras. The lira's value has plummeted over 37 percent since last year, depreciating by 1.6 percent in the first 10 days of 2024.

The lira's fall sparked widespread disappointment among Turkish citizens on social media.

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