UPDATE 1-Turkey's lira falls to record lows after Erdogan says rates need to come down | Reuters

Turkey's lira falls to record lows after Erdogan says rates need to come down By Reuters Staff ISTANBUL, June 1 (Reuters) - President Tayyip Erdogan said late on Tuesday that Turkey needs to lower interest rates and he had spoken to the central bank governor earlier in the day on the issue, sending the lira plunging to new record lows against the dollar. More:UPDATE 1-Turkey's lira falls to record lows after Erdogan says rates need to come down | Reuters