Turkish lira weakens anew towards record low against dollar

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The Turkish lira slid 0.7% against the dollar on Monday, weakening once again towards its record lows against the U.S. currency as concerns persisted over the central bank's monetary easing despite inflation above 21%.

At 0617 GMT, the lira stood at 13.8500 compared to a close of 13.7485 at Friday's close. It touched an all-time low of 14.

00 last week after a plunge over the last month.Reporting by Daren Butler; Editing by Jonathan SpicerSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

 

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They should have named their currency Robins or something and stayed with the theme

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