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TURKISH REACTS TO DOLLAR RATE ON FOREIGN EXCHANGE CURRENCY BOARD IN ISTANBUL, 2001-02-22 (photo)

IMAGE number
REU8392375
Image title
TURKISH REACTS TO DOLLAR RATE ON FOREIGN EXCHANGE CURRENCY BOARD IN ISTANBUL, 2001-02-22 (photo)
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Medium
photograph
Date
2001 AD (C21st AD)
Shooting Date
2001-02-22
Image description

A Turkish man reacts as dollar prices soar up to 950,000 TL on a foreign exchange bureau currency board in Istanbul February 22, 2001. Turkey's newly floated currency traded against the dollar at a depreciation of 17 to 27 percent in the first trades completed on the interbank spot market on Thursday. Turkey announced early on Thursday it would float the lira in a bid to pull out of a devastating financial crisis sparked by fears of political instability. FS

Photo credit
REUTERS / Bridgeman Images
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