TÜRKIYE-ISTANBUL-LIRA PLUNGES TO NEW LOWS

(230624) -- ISTANBUL, June 24, 2023 (Xinhua) -- People change money at an exchange office in Istanbul, Türkiye, on June 23, 2023. Turkish currency on Friday sank to fresh lows against the U.S. dollar a day after the central bank hiked its key interest rate well below market expectations. The lira hit 25.0 against the greenback at around 11 a.m. local time (0800 GMT). The currency's depreciation has exceeded 20 percent since the beginning of the year. (Photo by Omer Kuscu/Xinhua)

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