Troubled Turkish lira continues to tumble, hits 2.60

The Turkish Lira continued to drop to record lows on Thursday, falling to 2.60 against the ever-strengthening US dollar amid a period of intense pressure applied by the government upon the central bank.

Troubled Turkish Lira Continues To Tumble, Hits 2.60

Reporting by Today’s Zaman, one of the few non-Government Turkish newspapers. For a background story about what happened at Today’s Zaman a few months ago, see here: What the Zaman Raid Means for Turkey’s Media

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