Turkish lira drops to new low against dollar

Turkish lira drops to new low against dollar

ANKARA – Anadolu Agency
Turkish lira drops to new low against dollar

REUTERS photo

The Turkish Lira dropped to 3.0687 against the dollar on Sept. 29, as political uncertainty ahead of elections weighed on trader sentiment.

In early morning trading on Sept. 29, the lira held at over 3.0680 for several hours.

Emerging market currencies around the world were also brought lower by the release of poor industrial production data from China.