Turkish lira at all-time low

The Turkish lira is at a historically low level against the dollar.

At the moment, $ 1 is worth 9.23.

Turkish President Recep Tayyip Erdoğan has fired three officials from the country's central bank.

The country's central bank kept the monetary policy rate at 19% for the second time in a row, saying the price growth rate had peaked.

The devaluation of the lira threatens to further increase prices in the future.