ISTANBUL Feb 25 The Turkish lira weakened early
on Tuesday after new voice recordings - which the government
said were fake - appeared on the Internet purporting to be fresh
revelations in a government corruption scandal.
Prime Minister Tayyip Erdogan's office said the recordings
posted on YouTube late on Monday, supposedly of Erdogan telling
his son to dispose of large sums of money on the day the graft
scandal erupted, were fake and "completely untrue".
The main opposition Republican People's Party (CHP) called
on the government to resign over the recordings.
The lira traded at 2.2214 against the dollar by
0613 GMT, weaker than 2.1750 late on Monday.
"Even though the prime minister's office denied the
recordings late last night, calls for resignation from
opposition parties caused a deterioration in risk perception,"
HSBC strategist Fatih Keresteci said in a note to clients.
The corruption scandal, which erupted on Dec. 17 with the
detention of businessmen close to Erdogan and the sons of three
ministers, has spiralled into one of the biggest challenges of
his 11-year rule.
Social media and video-sharing sites have been awash with
leaked recordings presented as evidence of wrongdoing. As with
the latest recordings, Reuters has been unable to verify their
(Writing by Ece Toksabay; Editing by Nick Tattersall)