Wednesday, November 30, 2016

Weakened by widening purges, Turkey's lira set for worst month since 2008 | Daily Mail Online

Weakened by widening purges, Turkey's lira set for worst month since 2008

By Reuters

By Orhan Coskun and Nevzat Devranoglu

ANKARA, Nov 30 (Reuters) - As a proxy for investor sentiment, Turkey's lira has been unequivocal in November: the currency is set for its worst month since the 2008 financial crisis, hit by a resurgent U.S. dollar, and concern about a widening crackdown after a failed coup.

More:Weakened by widening purges, Turkey's lira set for worst month since 2008 | Daily Mail Online