The Turkish lira fell by about 2.5% today, Thursday, after its rise the previous day, in light of the persistence of fears of high inflation, coinciding with Turkey's adoption of unconventional policies aimed at boosting exports and growth.
The lira settled at 13.62 against the dollar at 06:10 GMT - Thursday morning - down from 13.2890 at the close of the previous day.
The Turkish currency rose about 4.7% to 13.15 late on Wednesday.
The lira lost 44% of its value against the dollar last year.
And yesterday, Wednesday, Turkish President Recep Tayyip Erdogan said that his government will succeed in reducing the inflation rate within a short period.
He added - in a speech before members of parliament from the ruling Justice and Development Party - that the inflation figures are not in line with the economic reality in Turkey, and that he hopes that the benefits of Ankara's economic policy will be realized next summer.
Erdogan said last week that his government had eliminated the foreign exchange rate bubble with the package of economic measures it had recently taken, and that it was also determined to remove the inflation bubble.
And in the first week of January, the Turkish president said that his country's total exports in 2021 increased by 32.9 percent compared to the previous year, and amounted to 225 billion and 368 million dollars.