Turkish lira hits 14 to USD in face of Erdogan's 'dangerous experiment' | Reuters

Turkish lira hits 14 to USD in face of Erdogan's 'dangerous experiment' By Daren Butler and Tuvan Gumrukcu ISTANBUL, Nov 30 (Reuters) - Turkey's lira plunged as low as 14 to the U.S. dollar and hit new lows against the euro on Tuesday, capping a historical month of selling after President Tayyip Erdogan again endorsed aggressive interest rate cuts despite widespread criticism and soaring inflation. More:Turkish lira hits 14 to USD in face of Erdogan's 'dangerous experiment' | Reuters