On Friday, the Turkish lira fell to its lowest level ever, influenced by fears of high inflation in the world and expectations at the local level that the central bank will cut interest rates soon, in addition to the emergence of concerns about a possible early elections.
The currency - the worst performing in emerging markets this year - fell as much as 8.6 pounds against the dollar, breaking an all-time low of 8.58 in November.
By 07:29 GMT, it was at 8.59 liras per dollar.
The lira has fallen 16% since mid-March, after President Recep Tayyip Erdogan abruptly sacked the head of the Central Bank and replaced him with another famous for his criticism of raising interest rates recently.