9:23 AM · 19 March 2025

BREAKING: Turkish Lira Down 4% Against USD After Arrest of Istanbul Mayor 🚨

The Turkish lira is down more than 4% against the U.S. dollar and is at a record low following the arrest of the mayor of Istanbul, Erdogan’s biggest political opponent. Markets are worried about a decline in trust in the Turkish government and the implications for the country’s financial position.

Source: xStation

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Forex

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