The Turkish lira fell by 4.6 percent against the dollar, Reuters reported.
According to the publication, due to the record devaluation of the lira, Turkish President Recep Tayyip Erdogan has ordered an investigation into possible currency manipulation.
The exchange rate of the dollar against the lira is 12.73 lira.
The Turkish national currency has fallen by more than 40 percent in one year.
The Central Bank of Turkey has decided to reduce the discount rate from 16% to 15%.
In mid-October, the lira fell sharply after Turkish President Recep Tayyip Erdogan fired three senior central bank officials, including two deputy governors.
At the end of October, the Central Bank of Turkey decided to reduce the discount rate from 18% to 16% amid a record drop in the Turkish lira exchange rate, which further accelerated the depreciation of the lira.