Saturday, July 16, 2016

Strong weakening of the Turkish lira in response to reports of a military coup – Dziennik.pl

EUR / TRY in the first reaction to the information from Turkey increased at around the level of 3.36. Lira is the same as the weakest against the euro since May. USD / TRY reached the level of 3.05, which means that the Turkish currency against the dollar is the weakest since January.

also weakens the Polish zloty. EUR / PLN rate rises to the level of 4.43.

In its Friday statement the armed forces of Turkey reported the seizure of power in the country in order to restore the democratic order – reported Reuters. It was announced at the same time comply with all international obligations of Turkey.

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