Turkish lira strengthens almost 3% to $2.82 after AK Party's election victory

Turkey's lira hit its firmest in 2-1/2 months against the dollar on Sunday, after partial election results showed a likely return to single-party rule for the AK Party, ending months of investor uncertainty.

The Turkish lira touched 2.82 to the dollar in low-volume trade on Sunday, from Friday's close of 2.9135. It was the strongest level since mid-August.