Thursday, August 20, 2015

UPDATE 1-Sinking lira at new low as cbank revives worries of political pressure | Reuters

Sinking lira at new low as cbank revives worries of political pressure

By Nevzat Devranoglu and Behiye Selin Taner

Aug 19 (Reuters) - Turkey's lira plumbed a new record low against the U.S. dollar on Wednesday after the central bank failed to assuage investor concerns about its ability to defy political pressure and lift rates.

More:UPDATE 1-Sinking lira at new low as cbank revives worries of political pressure | Reuters