Turkish lira weakens on concerns of escalation in Syria

• The lira stood at 6.0595 at 1520 GMT, weakening from a close of 6.0170.
• Earlier, it declined as much as 0.79pc to 6.0650, its weakest level in regular trading since May 28.

The death of 13 Turkish soldiers in Idlib province in just one week as a result of shelling by Syrian government forces has raised concern of wider conflict between the neighbouring countries.

The lira stood at 6.0595 at 1520 GMT, weakening from a close of 6.0170.

Earlier, it declined as much as 0.79pc to 6.0650, its weakest level in regular trading since May 28.