
Turkish Lira Hits Fresh Record Low of 47.76 Against the Dollar on Wednesday; Turkey's Central Bank Releases Its Quarterly Inflation Report Tomorrow
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Sahmino editorial· 16 August· Short· 01:17
US producer prices (PPI) rose 4.7% year over year in July, down from 5.5% in June and softer than economists expected; a day earlier, consumer inflation had already come in calmer than feared. Yet the 10-year Treasury yield stayed elevated through Friday, August 14, a gap that keeps the path of the dollar and global gold, and from there Tehran's coin and gold prices, unsettled.

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