Turkish Lira Hits Record Low as Currency Deposits Program in Foreign Currencies Ends
The Turkish currency fell to a new record low of less than 29.7 liras to the dollar on Tuesday, continuing a series of losses that accelerated slightly in late 2023, as it ended the year down about 37 percent.Since President Recep Tayyip Erdogan won a new presidential term last May, the government has made a … Read more