Turkish currency drops to three lira to euro

A money dealer counts Turkish bank notes at a currency exchange office in Istanbul. (Reuters)

The Turkish currency sank on Tuesday to a record low against the euro, hitting the psychologically key level of three lira to the euro as the country remained embroiled in a deep political crisis.

The euro briefly touched 3.0013 lira in early afternoon trading, while the Turkish currency was also trading at 2.1938 to the dollar.

(developing story)

Last Update: Wednesday, 20 May 2020 KSA 09:42 - GMT 06:42