Turkey’s lira fell against the dollar on Aug. 29, as concern grew about the effects of the country’s currency crisis after Finance Minister Berat Albayrak was quoted as saying he did not see a risk to the economy or financial system.
The lira has lost about 40 percent of its value this year, hit by both concern about President Tayyip Erdogan’s influence over monetary policy and a worsening rift with the United States over an American pastor Turkey has detained.
