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The Weather
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15.8 °C

broken clouds

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meltdown

FILED - An employee piles up stacks of Turkish lira banknotes inside a bank at the northern Syrian town of Sarmada in 2020. Turkey's currency hit yet another record low of over 14 against the dollar before recouping some losses on Wednesday after a central bank move to sell reserves. Photo: Anas Alkharboutli/dpa.

World

TURKEY

Erdogan replaces finance minister with deputy amid lira meltdown

The Nomad Today/dpa 12/2/21

Since the beginning of this year, the lira has plunged to record lows against the US dollar, losing 47 per cent of its value