Turkish Lira Continues it Freefall
August 13, 2018 at 11:32 AM EDT
The geopolitical turmoil in Turkey gave no reprieve to its local currency in the opening session as the Turkish lira continued its freefall, hitting an all-time low of 7.24 versus the U.S. dollar. The Turkish central bank attempted to ameliorate the falling currency with more liquidity by lowering...