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Turkish lira nosedives amid political uncertainty

The Turkish lira saw growth by an average of 7 percent for more than a decade. But now it's been reduced to the worst performing currency among emerging markets.

1 min read

Verenia Keet
Press TV, Istanbul

The Turkish lira saw growth by an average of 7 percent for more than a decade. But now it's been reduced to the worst performing currency among emerging markets. Political uncertainty coupled with rising violence across Turkey is behind the unprecedented devaluation of the Turkish currency.