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Turkish lira value declines beyond repair

Wednesday, 30 November 2016 10:05 AM [ Last Update: Wednesday, 30 November 2016 11:45 AM ]

The Turkish Lira hit another record low against the US dollar and the euro.

Verenia Keet
Press TV, Istanbul

The Turkish lira value has slumped to record lows against the US dollar and the euro. Although the reasons are multi-faceted, political instability, terrorism and a shaky relationship with the EU are considered to be the major ones. Analysts believe that the devaluation of the Turkish currency might continue into 2017. Press TV correspondent Verenia Keet has the story:

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