May 1, 2020 / 9:06 AM / a month ago

Turkish lira weakens to 7.02 against dollar in holiday trade

ISTANBUL, May 1 (Reuters) - The Turkish lira lost 0.5% against the dollar in holiday trade on Friday and breached the 7.0 level near which it has traded in the last two weeks, hitting its weakest level since a currency crisis in August 2018.

At 0851 GMT, the lira stood at 7.0175, off a low of 7.0250. Turkish markets were closed on Friday for the May 1 public holiday.

Reporting by Daren Butler Editing by Dominic Evans

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