Lira reaches 15-week high

The Turkish currency was in a downward spiral for a long time. Inflation soared, which led to domestic tensions as citizens' purchasing power dropped. Also imported goods became more and more expensive. In addition, political disputes between Turkey and the US caused unrest. Now, however, an upward trend can be seen, which extends over several months. Against the euro and the dollar, the lira is gaining more and reaching a 15-week high.