Tuesday, October 04, 2011

Turkish lira hits record 1.9 low against dollar | Reuters

Turkish lira hits record 1.9 low against dollar

ISTANBUL | Tue Oct 4, 2011 7:58am EDT

Oct 4 (Reuters) - The Turkish lira fell to a new record low of 1.9 against the dollar on Tuesday, hit by bearish global sentiment as well as the central bank's acknowledgement that inflation would end the year above its 5.5 percent target.
More:Turkish lira hits record 1.9 low against dollar | Reuters