The Turkish lira has dropped to a five-year record against the dollar During trading on Tuesday, November 16, lira fell at a record against the dollar and reached the level of 10.16 lira per dollar. This was the largest drop in the national currency in five years, Reuters points out. The fall is due to expectations of another cut in interest rates by the country's Central Bank, which, according to analysts, is susceptible to political pressure. Overall for the year, the lira fell 27 percent, the worst in emerging markets, mainly due to investor concerns about President Tayyip Erdogan's influence on monetary policy. this week will cut the key rate from 16 to 15 percent. Inflation in the country, according to Reuters, is now at 20 percent. Erdogan adheres to non-standard views on the relationship between the cost of borrowing and price increases. The President is confident that the low