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Turkish lira falls to fresh lows against US dollar

Thursday, 12 January 2017 9:17 AM [ Last Update: Thursday, 12 January 2017 9:30 AM ]

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Verenia Keet

Press TV, Istanbul

The Turkish lira has experienced record-setting plunges over the past weeks. Turkey’s Central Bank injected 1.5 billion dollars on Tuesday in an attempt to boost and stabilize the currency, but things got worse the day after. Analysts say both the short and long term future of the Turkish lira will remain dependent on the political siation in the country.

Verenia Keet reports from Istanbul.

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