Turkish Lira implodes, as Bitcoin and dollar appreciate against it

2023-6-7 13:34

Quick Take The Turkish Lira continues to collapse against the dollar (23.5) lira to a dollar. Roughly ten years ago, it was one lira to one dollar. The Turkish Lira experienced a 6% plus depreciation, according to Mohamed A. El-Eria, dwindling international reserves. In the past five days, the USD is up 12%, while Bitcoin is up 7%, even with Bitcoin down 8% in USD terms this past month. Turkish Lira: (Source: TV)

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lira dollar turkish one against mohamed ago

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