Economy
Turkish lira slips to historic low against dollar
Dollar, rising against most currencies, hits 2.5320 Turkish liras on Tuesday afternoon
03.03.2015 - Update : 03.03.2015
ANKARA
The Turkish lira dipped to new record low against the dollar on Tuesday.
The lira fell to 2.5320 against the U.S. currency, as the dollar index, a measure of the dollar against a basket of major currencies, reached its highest point in the last 12 years on Tuesday.
The dollar index rose to 95.53 on Tuesday, the highest level last seen in 2003.
In the previous week, the dollar surged to 2.5053 lira on Friday from 2.4674 on Monday. The Turkish lira dropped almost 2 percent against the dollar during that period.
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