Turkish Lira Drops To Record Low Against U.S. Dollar As Erdogan Wins Runoff Election

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Turkish Lira Drops To Record Low Against U.S. Dollar As Erdogan Wins Runoff Election

(RTTNews) - The Turkish lira dipped against the U.S. dollar on Monday, as Tayyip Erdogan won the country's presidential run-off election on Sunday.

Erdogan attained 52 percent of the vote in the second round of voting, whereas his opponent Kemal Kilicdaroglu got 47.86 percent.

The win gives him another five-year term, extending power until 2028.

The Turkish lira touched a record low of 20.07 against the greenback from yesterday's close of 19.87.

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Sensex, Nifty End Choppy Session Marginally Higher

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Indian shares ended little changed on Monday after a choppy session. Caution prevailed ahead of a big week for earnings, with around 200 prominent companies scheduled to report their quarterly earnings results.
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Swiss Franc Falls Amid Disappointing Swiss CPI Data

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European Shares Set For Mixed Open

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RTTNews | il y a 6h 5min