Turkish Lira Plunges, Marking Its Biggest Weekly Drop in Two Years
This is Beirut, 21/03 13:30 - Reading : less than a minute
The Turkish lira has experienced a historic plunge, recording its steepest weekly decline in nearly two years, following the arrest of Ekrem Imamoglu, the Mayor of Istanbul and leading opposition figure – a key opponent to President Recep Tayyip Erdogan. The lira lost 3.7% over five days, marking its worst performance since June 2023, with the ...