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Turkish lira hits record low, down 20 pct against dollar this year

Wednesday, May 23, 2018 - 01:34

Turkey's lira currency tumbled more than 5 percent against the dollar on Wednesday, hitting a series of record lows as investors dumped the currency on concerns about President Tayyip Erdogan's drive to take greater control of monetary policy. Ciara Lee reports.

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Turkey's lira currency tumbled more than 5 percent against the dollar on Wednesday, hitting a series of record lows as investors dumped the currency on concerns about President Tayyip Erdogan's drive to take greater control of monetary policy. Ciara Lee reports.

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Turkish lira hits record low, down 20 pct against dollar this year

Wednesday, May 23, 2018 - 01:34