Time in Yerevan: 11:07:36,   28 April

Turkish lira continues depreciating


YEREVAN, JANUARY 11, ARMENPRESS. Turkish lira continues depreciating even after the intervention of the Central Bank, Hurriyet reports.

As of January 11, the Turkish lira against 1 USD reached to 3.89, and it depreciated by another 2% against Euro by reaching to 4.1 exchange rate.

The Central Bank, taking into account the sharp depreciation of the lira, decided to involve additional 1.5 billion USD. It was expected such step would save the depreciating Turkish lira. 



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