Turkish lira sees new low against dollar

By Bahattin Gonultas

ANKARA

The Turkish lira hit a new low against the U.S. dollar on Monday morning after labor data from the world’s largest economy on Friday showed growth was poised to accelerate.

Turkey’s currency fell to a historic low of 3.6900 against the dollar in early trading on Monday after starting the day at 3.6510.

It rose to 3.6820 by mid-morning in Turkey.