Forex tips
The Turkish lira tumbled to a fresh record low on Friday as investors worried about the future of Central Bank Governor Erdem Basci after President Tayyip Erdogan's blistering criticism of the bank. Market attention was focused on whether Erdogan would keep up the pressure or seek to lower tension when he speaks at a lunch he is hosting for provincial governors at the presidential palace at 1130 GMT. The lira hit a low of 2.5185 against the dollar, weaker than 2.4960 late on Thursday and exceeding a low of 2.5155 which it hit two weeks ago. The main share index fell 2.14 percent to 84,076.91 points, having fallen 0.94 percent on Thursday.
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