The Turkish Lira drops by 1% after convicting an American Consulate employee
2020-06-11T21:23:30+00:00
Shafaq News / The exchange rate of Turkish Lira per the US dollar dropped, on Thursday, after a Turkish court sentenced an American consulate employee to nearly nine years of prison, for assisting a terrorist organization. A decision the United States of America described as "extremely disappointing".
At 1551 GMT, the Turkish Lira was 1.1 percent lower at 6.8450 against the dollar, after reaching a weaker level at 6.8545, according to Reuters.
The Turkish currency has lost about 13% of its value this year, mainly due to the outbreak of Covid-19.
