Turkish Lira hits all time low

The Turkish lira continued it's downward trend when it hit an all-time low on Monday with the US Dollar, Pound Sterling and Euro rising to record level for the first time in history against the Lira.

Most used currency in the TRNC, the Euro and Sterling, reached their highest level in recent days. 

The Turkish lira began the day at 7.60 to the dollar, rising to 7.80.

Against the euro, TL started at 8.95 and reached 9.10 at noon. 

The lira against sterling began at 9.75 TL and reached 10.90TL.

It was stated that all exchange rates reached the highest levels for the first time in  history.

And on Tuesday it broke more records with the TL starting the day against the US dollars at 7.85, Euro at 9.18 and pounds at 10.10.