ANALYSIS-Lira may be Turkey's Achilles heel in Syria battle

Turkey's ability to sustain its military campaign in Syria may depend in part on what happens far away from the battlefield: in the foreign exchange market. The lira has long been a pinball of geopolitics and lightning rod for relations between Ankara and its Western allies, specifically Washington. Renewed pressure on the currency and attempts to stabilise it could further endanger Turkey's lean foreign currency reserves, leaving the country potentially with little room to defend the lira if sanctions tightened.