The Turkish lira sank to a record low of 9.975 to the U.S. dollar after an increase of inflation in the U.S. raised concerns for Turkey's currency which was already hobbled by the central bank's rate cuts.
The Turkish lira sank to a record low of 9.975 to the U.S. dollar after an increase of inflation in the U.S. raised concerns for Turkey's currency which was already hobbled by the central bank's rate cuts.