The Turkish Lira is losing more strength this morning.
First chance for London to sell Turkish lira after holiday politics. Chance taken. off shade less than 2% pic.twitter.com/xFuhOvusnI— Paweł Morski (@Pawelmorski) December 27, 2013
The currency has had a bit of a break recently, but a fresh political crisis is driving it to record lows against the dollar.
Yesterday Prime Minister Recep Tayyip Erdogan reshuffled the Turkish cabinet after three ministers resigned on Wednesday - and new liquidity fears aren't helping matters.
It's a lira massacre. #Turkey— Yannis Koutsomitis (@YanniKouts) December 27, 2013