Turkish lira weakens to 4.0 against dollar as economy worries weigh

28 Mar, 2018

The lira briefly touched 4.0006, not far off the record low of 4.0375 touched last week. Inflation - which was at 10.26 percent in February after hitting 12.98 at the end of last year, the highest in more than a decade - remains one of the economy's most vexing problems.

Investors are looking ahead to March inflation data, due to be released next week.

 

Copyright Reuters, 2018

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