Edit by .. Yousef Gouda

For the first time since 18 January last. The Turkish lira retreated, on Thursday, reaching 7.5.

The decline of the Turkish lira and concern over the increase in inflation in Turkey is due to the decline of the Turkish lira. To pressure from global concerns about rising U.S. Treasury yields

The Turkish lira fell against the dollar to 7.5145 compared to 7.4550 yesterday Wednesday, when data showed annual inflation increased to 15.6% in February.

It should be noted that almost all the gains made by the Turkish lira this year have been erased by the fact that on the 26th of last month, for the fifth day in a row, the rise in United States bond yields set the stage for a potentially more difficult battle against dozens of inflation.

The Turkish currency rose strongly until mid-February to outperform its counterparts, having ended last year at 7.44.

It is noted that a turmoil in the global bond markets has caused concern among investors with concerns that losses may spark sales driven by concern elsewhere. Investors abandoned emerging-market currencies as 10-year Treasury yields recorded the biggest jump this month in 2016.

Analysts say that if the lira continues to weaken despite Turkey's adoption of one of the most stringent monetary policies in the world, the import-dependent economy may be experiencing further mounting pressure for inflation already at 15 percent.

Who's Online

We have 145 guests and no members online

News Most Viewed

  • Ordering
  • Title
  • Most Popular

To prevent the theft of ...

Edit... Dina El Sheriff Microsoft ...

International Astronomy ...

At a time when most Islamic ...

A study by GWEC) found ...

Reported by/Tony Wild-Business ...

Chinese Shandong ...

Reported by / hue Gey- Beijing- ...

Chinese Embassy in ...

Reported by / Hue Gey - Paris - ...

USA- Iran agree for ...

Reported by : Abeer Almadawy ...

A Chinese city ...

  Chinese city authorities ...

An expert assesses ...

Academician Gennady Onishchenko, ...

Belarus begins the ...

Today, Tuesday, Belarus began the ...

Biologist: ...

 Professor Ancha Paranova of the ...

Britain: We had to ...

 British Health Minister Matt ...

China suspends air ...

Today, Sunday, the Chinese ...

City uprising lead ...

Manchester City came from behind ...

Global health. The ...

A leading official of the World ...

Time to think

  Writer : Michael Blair Time is ...

The year 2020 continues ...

Local media reported today, ...

Mikhail Lomonosov; The ...

By|Abeer Almadawy    Mikhail ...

Tips for a good sleep ...

James Wilson of The Sleep Geek ...

The Last Circle

The African Paradise
Written by|Abeer ...
Makers of Wars & The mix
Written By|Abeer ...
Trump wins and William
Lines in the reading of ...
Mosul in between the joy
Written by| Abeer ...
Geisha and the
Written by /Abeer ...
Castle Journal declares
The Last Circle ...
The Masters,The Owners
By /Abeer Almadawy ...

Video Castle Journal

الدائرة الأخيرة  

الدائرة الأخيرة مع الدكتور عاصم الليثى

 الدائرة الأخيرة مع اللواء نبيل أبو النجا

 كلمة د/عبير المعداوى فى عيد الشرطة

Locations

  • #104. Street 6, Fifth District, 6 October, Giza
  • This email address is being protected from spambots. You need JavaScript enabled to view it.
  • 01004734646

Castle Journal Group