Turkish lira trades below 6.0 against dollar

The lira, which has weakened 36 percent against the dollar this year, stood at 5.98 against the dollar at 0425 GMT as investors weighed up the latest comments from the White House. 

  • Country:
  • Turkey

The Turkish lira eased to slightly below 6.0 against the dollar on Thursday after the United States ruled out removing steel tariffs on Turkey even if Ankara frees a U.S. pastor and after Qatar pledged $15 billion in investment to Turkey.

The lira, which has weakened 36 percent against the dollar this year, stood at 5.98 against the dollar at 0425 GMT as investors weighed up the latest comments from the White House.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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