The Turkish lira is in 'complete freefall' amid concerns of Erdogan's influence on its central bank
Gina Heeb
Turkish President Erdogan greets his supporters during a ceremony in Istanbul Thomson Reuters The Turkish lira fell to record lows against the greenback overnight Tuesday. President Recep Tayyip Erdogan, who is running for reelection, is a self-proclaimed "enemy" of interest rates. Follow the lira in real time here. The Turkish lira plummeted to a record low versus the US dollar Tuesday as investors pull cash out of the country ahead of a presidential election next month.
More:Turkish lira freefall amid concern of Erdogan's central bank influence - Business Insider