The Euro has reached its highest level against the Turkish Lira (TL) in history

The Euro has reached its highest level against the Turkish Lira (TL) in history

After the May 28th elections, the Turkish currency markets experienced volatility.

The messages indicating a return to orthodox economic policies by Mehmet Şimşek, who was appointed as the Treasury and Finance Minister, increased upward movements in the currency markets.

After the elections, the USD/TRY reached its all-time high point at 23.35 TRY, while the Euro also reached its highest level against the USD.

Today, the Euro is trading at 25 Turkish Lira in the free currency market.

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