Turkish Lira hits record low against Euro

The Turkish Lira falls to a fresh record low against the Euro. The lira was briefly trading at a record low of 8.89 to the euro just after Sept. 14.

The Turkish Lira broke a record low for its value against the Euro on Sept. 15, observing 8,91 liras on the unit for sales, a day following the record level of 8,89 liras on the euro on Sept. 14.

While the dollar sold for 7,49 liras on Sept. 14, Turkey’s benchmark stock index opened at 1,110.55 points on Tuesday, rising 0.29% or 3.26 points from the previous close.

At Monday’s close, Borsa Istanbul’s BIST 100 index was up 0.42% at 1,107.29 points, with a daily trading volume of 12.8 billion Turkish liras ($1.7 billion). 

The US dollar/Turkish lira exchange rate fell marginally to 7.48 liras on the unit from 7.49 liras/$ at the previous close.

Meanwhile one British pound traded for 9.6550 Turkish liras, down from 9.6880

One barrel of Brent crude oil sold for around $39.49 as of 10 a.m. local time (0700GMT).