The lira has renewed its record minimum against the dollar after the decision of the Turkish Central Bank to cut its key rate. According to trade data at 14:03, the dollar was worth 8.79 lira – the highest value ever.

The historical collapse against the American currency was recorded on June 22, 2021 – then the dollar was worth 8.78 lira. According to the trading data at 15:30, the dollar is worth 8.74 lira.