Ankara-Sana
The Turkish lira retreated to a record low below 7.79 against the dollar today, under the influence of the successive crises afflicting the regime of Recep Tayyip Erdogan.
Reuters reported that the lira recorded a low of 7,420, bringing its losses against the US currency since the beginning of this year to about 21 percent, making it one of the worst performing currencies in the world.
The Turkish currency continues to deteriorate due to the deteriorating political and security conditions in the country due to the policies and repressive measures of the Erdogan regime, which led to a decline in tourism and investments and a decrease in the country's foreign exchange earnings.
