Turkish Lira hits a New record low on emerging market

The lira hit a record low in value of 2.41 lira to the dollar, worse than Monday s record low in value of 2.39 lira to the dollar. It subsequently recovered a little to trade at 2.37 lira to the dollar.

the currency struck a low in value of 3.03 lira to the euro, breaking through the crucial 3.0 barrier before recovering to 2.98 lira to the euro.