Turkish Lira gain some stability against foreign currencies

The Turkish Lira has gain some stability against foreign currencies starting the week at 4.0654 against the US Dollars, 4.99 against the Euros and 5.71 against the British Pounds.

The recent stability comes following president Recep Tayyip Erdogan of Turkey's announcement of early elections on June 24 that even saw the TL/dollar go down to 4.01 level from the 4.20 level.

Also, oil prices are went close to a three-year high last week as OPEC pushed down supply surpluses amid strong demand for supply.


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