Turkish Lira Hits New Low As Coalition Talks

24 November 2024

Turkish Lira Hits New Low As Coalition Talks Falter

16:54 14 August 2015 Read: 1365

Turkish Lira Hits New Low As Coalition Talks Falter

Failure by Turkey`s two biggest political parties to strike coalition deal sees Turkish lira slump.

The Turkish lira hit a new low against the dollar on Friday after coalition talks between the country`s two biggest political parties ended without agreement late on Thursday.

The Turkish currency fell to a historic low of 2.8422 against the dollar in early-morning trading on Friday.

The lira came back to 2.8409 later Friday morning.

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