Turkish currency hits record low against U.S. dollar amid high inflation-Xinhua

Turkish currency hits record low against U.S. dollar amid high inflation

新华网

Editor: huaxia

2022-05-10 07:51:50

People walk past a foreign exchange office in Istanbul, Turkey, on May 9, 2022. The Turkish currency broke through a key threshold Monday against the U.S. dollar amid the soaring inflation rate. At 2:10 p.m. (1110 GMT), one dollar was traded at 15.03 Turkish liras, exceeding the resistance level of 15.00. (Xinhua/Shadati)

A woman walks past a foreign exchange office in Istanbul, Turkey, on May 9, 2022. The Turkish currency broke through a key threshold Monday against the U.S. dollar amid the soaring inflation rate. At 2:10 p.m. (1110 GMT), one dollar was traded at 15.03 Turkish liras, exceeding the resistance level of 15.00. (Xinhua/Shadati)

Photo taken on May 5, 2022 shows Turkish lira banknotes in Istanbul, Turkey. The Turkish currency broke through a key threshold on May 9 against the U.S. dollar amid the soaring inflation rate. At 2:10 p.m. (1110 GMT), one dollar was traded at 15.03 Turkish liras, exceeding the resistance level of 15.00. (Xinhua/Shadati)