The price of the Turkish lira against the Egyptian pound today, Wednesday, September 7, 2022

The price of the Turkish lira rose against 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 after 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 against 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 against the Egyptian pound today, Wednesday, September 7, 2022

The price of the Turkish lira against 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 against the Egyptian pound

1 Turkish lira = 1.0577 Egyptian pounds.

The price of the Egyptian pound against 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.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.