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Turkish lira strongest in nearly four months ahead of expected Fed cut, inflation report

The lira stood at 5.5750 against the dollar at 0800 GMT, firming some 0.7% the closing price of 5.6140 on Monday, when it strengthened 1%. The curren

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The lira stood at 5.5750 against the dollar at 0800 GMT, firming some 0.7% the closing price of 5.6140 on Monday, when it strengthened 1%. The currency, which was hit by a crisis last year, has risen for the last four trading days, reaching on Tuesday its strongest level since April 5.

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