Posted inMiddle East, Turkey, World

Turkish lira plunges to new record as Erdogan ends truce with central bank

The Turkish lira fell to new record lows against the dollar on Friday, as President Tayyip Erdogan renewed criticisms of the country’s central bank. “They say central banks are independent so we shouldn’t interfere. This is the end result because we haven’t interfered,” Bloomberg reported Erdogan as saying. “Results speak for themselves.” To the consternation […]