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Turkish lira - ASHARQ AL-AWSAT English Archive
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Tourists count their money after changing foreign currency to Turkish lira at a currency exchange office in Istanbul, Turkey, August 19, 2015. Turkey’s lira plumbed a new record low against the U.S. dollar on Wednesday, after a central bank presentation failed to assuage investors concerns about its appetite to defy political pressure and lift rates. A day after the bank kept its rates steady on Tuesday, it told economists in a presentation that it had started to raise its policy rate in line with the U.S. Federal Reserve’s hikes, reflecting the impact of political pressure from Ankara. REUTERS/Murad Sezer