The price of the Turkish lira rose once morest the Egyptian pound today, Wednesday, September 7, 2022, during daily transactions in the money market, as the price of the Turkish lira came today at 1.0577 Egyptian pounds in the money market, compared to 1.0564 Egyptian pounds yesterday, Tuesday, so that the price of the lira continues to rise for the second day in a row following the decline in The beginning of this week, with the stability of trading between the two currencies in the financial markets.
Turkey is witnessing a decline in the price of the Turkish lira once morest other currencies, such as the dollar, the Egyptian pound and the Saudi riyal, while the Turkish government is trying to restore the value of the lira by announcing the Turkish Central Bank to fix interest rates at levels of 14%, while Turkish President Recep Tayyip Erdogan has set a program to support the Turkish lira .
The price of the Turkish lira once morest the Egyptian pound today, Wednesday, September 7, 2022
The price of the Turkish lira once morest the Egyptian pound today, Wednesday, September 7, 2022, recorded a value of 1.0577 Egyptian pounds in the money market.
The price of the Turkish lira once morest the Egyptian pound
1 Turkish lira = 1.0577 Egyptian pounds.
The price of the Egyptian pound once morest the Turkish lira
1 Egyptian pound = 0.9130 Turkish lira
Turkish Finance Minister: The economy grew by 7% in the first quarter of 2022
For his part, Turkish Finance Minister Noureddin Nabati said that the initial indicators that the government is studying showed that the economy grew by up to 7% in the first quarter of 2022.
Nabati added, in a speech he delivered during the Banks Association meeting, which was reported by Archyde.com, that he is still convinced that the rise in inflation in Turkey is temporary, stressing that the banking sector is capable of facing potential shocks.
