Turkish lira hovers near record low after latest rate cut - NewsBreak

ISTANBUL, Nov 19 (Reuters) - Turkey's lira recouped from early losses on Friday, a day after the unit weakened about 6% when the central bank, under pressure from President Tayyip Erdogan, cut rates again and signalled more easing even as inflationary risks broadened. The lira stood at 11.0850, as of...