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Turkey’s lira hits record low again

The currency’s drop followed comments made by President Erdogan about lowering interest rates.

Al-Monitor Staff
Al-Monitor Staff
Jun 2, 2021
A picture taken on Aug. 14, 2018, shows the logo of Turkey's Central Bank (TCMB) at the entrance of the bank's headquarters in Ankara, Turkey.
A picture taken on Aug. 14, 2018, shows the logo of Turkey's Central Bank (TCMB) at the entrance of the bank's headquarters in Ankara, Turkey. — ADEM ALTAN/AFP via Getty Images

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