Baku 21° C
ING expects Turkish lira to depreciate to record low by 2026
Finance
- 11 August, 2023
- 15:58
Add Report.az to preferred Google sources
Stay up to date with the top news!
Dutch ING Group expects the national currency of Türkiye to fall to 40 liras against the US dollar at the end of 2025, according to Report.
The dollar-to-lira exchange rate is expected to be 28.50 lira in the third quarter of 2023, and 30 lira in the fourth quarter.
ING's analysts predict that the lira will depreciate further. They expect it to be 31.19 lira in the first quarter of 2024, 32.56 lira in the second quarter, 34.16 lira in the third quarter, and 36 lira in the fourth quarter.
Author
Latest News
16:52
Monish Arora: Azerbaijan may capture medical tourism flows from neighboring countries
Tourism
16:45
BP to launch third phase of 4D seismic survey at ACG in January 2027
Energy
16:43
Photo
Video
Emergency services of Azerbaijan, Belarus ink protocol on co-op, information exchange
Foreign policy
16:42
Photo
Development of sustainability reporting in Azerbaijan discussed
Finance
16:33
Kamran Imanov awarded Order of Honor
Domestic policy
16:33
FIFA praises AFFA for high standard of officiating at U-15 World Cup in Baku
Football
16:29
UN Tourism: Naftalan could strengthen Azerbaijan's position in welness tourism market
Tourism
16:21
Photo
Azerbaijan participates in SMIIC General Assembly meeting
Business
16:20
President Ilham Aliyev signs order on measures to combat air pollution in Azerbaijan
Ecology