During September 2023, all regional currencies weakened against US Dollar, according to the Regional Fixed Income Market Watch, September 2023 published by Galt & Taggart today.
According to the report, the largest depreciations were recorded for the Kazakh tenge (KZT), Turkish lira (TRY) and Armenian Dram, depreciating by 4.3%m/m, 2.7% m/m and 2.5% m/m, respectively.