Turkish lira falls to record low

The currency slips fast against the US dollar, leading to more expensive imports and fears of rising unemployment.

    The value of the Turkish lira is sinking fast against the US dollar.

    Foreign imports are more expensive, inflation is set to rise, businesses are struggling to pay foreign debt and this is expected to translate to higher unemployment rates in the future.

    Turkey is still reeling from a summer of violent protests and a high-level corruption probe.

    Al Jazeera's Anita McNaught reports from Istanbul.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Interactive: Take a tour through divided Jerusalem

    Interactive: Take a tour through divided Jerusalem

    Take a tour through East and West Jerusalem to see the difference in quality of life for Israelis and Palestinians.

    Stories from the sex trade

    Stories from the sex trade

    Dutch sex workers, pimps and johns share their stories.

    Inside the world of India's booming fertility industry

    Inside the world of India's booming fertility industry

    As the stigma associated with being childless persists, some elderly women in India risk it all to become mothers.