The collapsing Turkish economy has received another blow with the steep rise in Euro and Dollar.

USD has risen once again following the US imposing sanctions against Turkish Minister of Justice Abdulhamit Gul and Minister of Interior Suleyman Soylu until Pastor Andrew Brunson, who had been imprisoned in Turkey and was released for house arrest last week, is freed.

USD surpassed 5 Liras yesterday, and saw 5.07 Liras today in a new record. Meanwhile, Euro is trading at 5.90 Liras. The stock market started the day with losses of over 2%.