Markets

Turkish lira slips to 2.17 against dollar in emerging market sell-off

Published August 6, 2014 Updated August 6, 2014 12:24pm

1 min

By Imad Uddin

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ISTANBUL: Turkey's lira slid to its weakest against the dollar since March 31 on Wednesday, hit by emerging market weakness, dollar strength and concerns about a routine review from ratings agency Moody's on Friday.

At 1023 GMT, the Turkish currency stood at 2.1735 against the dollar, weakening from 2.1463 late on Tuesday.

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