lira

But the real loser here is the Turkish lira.

Every day there is a one lira or 50 cruise increase.

The workers' rate was 150 Turkish lira. Now it has gone up to 400.

A threat of further sanctions by Washington caused another dip in the Turkish currency the lira.

All this has cost Turkey's currency the lire to weaken and inflation in Turkey to rise.

As you said, Trump talked about the Turkish lira on a downward slide.

The Turkish lira hit a new low against the dollar.

The central bank has already burned through billions of dollars in reserves to prop up the lira.

IT is perhaps not surprising that the worst-performing major currency in the world this year is the Turkish lira.

And so that could be further pressure on the Turkish lira.