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Gains of Turkish Lira Limited by Terrorist Attack

June 29, 2016 at 11:41 by Vladimir Vyun

Various TRY banknotesThe Turkish lira rose against the US dollar together with other currencies but the gains were limited due to the terrorist attack in Istanbul.

Most riskier currencies were rising against the dollar today. While the lira was among them, it was hurt by the attack on Istanbul’s Ataturk airport that has left at least 41 people dead. The most likely culprit was the Islamic State, though it did not claim responsibility yet.

USD/TRY fell 0.23% to 2.8978 as of 11:36 GMT today.

If you have any questions, comments, or opinions regarding the Turkish Lira, feel free to post them using the commentary form below.

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