Thursday, January 29, 2015

Turkey's currency stuffed, falls to new low - fastFT: Market-moving news and views, 24 hours a day - FT.com

Turkey's currency stuffed, falls to new low

The Turkish lira has slumped to a new record low versus the dollar as the central bank prepares for an extraordinary meeting to cut rates, after intense pressure from president Recep Tayyip Erdogan.

More:Turkey's currency stuffed, falls to new low - fastFT: Market-moving news and views, 24 hours a day - FT.com