Turkmenistan’s Currency Slides Sharply To New Lows

(RFE/RL) -- Turkmenistan’s already battered currency slid sharply, as black market rates reached 40 manats to the U.S. dollar, down nearly 50 percent since January.

The manat has been under pressure for months now, a slide blamed in part on a decrease in remittances sent by Turkmen migrant workers from Turkey to their...