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The lira fell to as low as 2.6462 against the greenback early on Tuesday, just shy of a record low hit last Friday at 2.6475.
March 12th, 2015 - 08:07 GMT

A critical juncture: Erdoğan, Fed concerns crush lira despite central bank efforts

Turkey's lira maintained its weak position against the US dollar on Tuesday, despite efforts by the central bank to defend the currency.
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For all the turmoil in the financial markets, Erdoğan's tirades have won praise from a class of industrialists who have thrived on cheap borrowing costs and political stability over the past decade.
March 1st, 2015 - 07:25 GMT

Turkish Lira hits historic low, Erdogan implies central bank 'treason'

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