![]() The currency was trading at 14.08 against the euro. It was trading at 12.51 against the dollar in the late afternoon - down 9.9% from Monday's close. The lira plunged to a record low of 13.44 against the dollar before recovering some of its losses. dollar Tuesday, a day after President Recep Tayyip Erdogan insisted there would be no turning back from his unconventional policy of cutting interest rates despite high inflation. The Turkish currency weakened by nearly 10% against the U.S. 1 of8 A man changes Turkish lira for USD and Euro at a currency exchange shop, in Ankara, Turkey, Tuesday, Nov.
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