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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Turkey's lira on Monday set a new record low against the US dollar after the central bank refused to raise its main interest rate and tensions increased sharply with the country's Western allies. The lira was at 8.03 against the dollar at around 0730 GMT, suffering a loss of nearly one percent since the start of the day. The Turkish currency also recorded its lowest level against the euro, trading near 9.52. The lira has lost 26 percent of its value against the dollar since the start of the year. Turkey's central bank last week upset the markets which had expected a 175 basis points hike to the one-week repo rate. The bank opted instead to keep the rate unchanged at 10.25 percent despite market concerns over persistently high inflation, which remains in double-digits, and worries about a sharp drop in foreign currency reserves. Consumer price inflation was 11.75 percent in September. The bank's governor will deliver the quarterly inflation report on Wednesday in Istanbul. The lira's decline comes at a time of strained relations with NATO allies including France, Greece and the United States over multiple issues. Turkish President Recep Tayyip Erdogan angered Paris after he said his French counterpart Emmanuel Macron needed to have "mental checks" at the weekend. France responded by recalling its ambassador to Ankara and on Saturday described Erdogan's comments as "unacceptable". raz/bmm
schema:headline	Turkish lira slides to record low of 8 against dollar
schema:mentions	Interest rate President of Turkey Ankara Turkish lira Greece Inflation Currency Recep Tayyip Erdoğan Istanbul United States dollar Emmanuel Macron Turkey NATO Paris France United States Bank rate Greenwich Mean Time
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-26 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	63 (xsd:integer)
http://data.cimple...tology#hasEmotion	sadness

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