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Turkish lira weakens to beyond 6.8 against dollar


Wednesday April 15, 2020

ISTANBU (Reuters) - The Turkish lira weakened 0.4% against the dollar on Tuesday to beyond 6.8, its weakest level since end-August 2018, as investors continued to weigh up the financial and economic repercussions of the spread of COVID-19 in Turkey.

The lira TRYTOM=D3 stood at 6.7990 at 1307 GMT, having touched 6.8015. It is now trading around the levels which it reached during a 2018 currency crisis.

(Reporting by Ali Kucukgocmen Writing by Daren Butler Editing by Dominic Evans)