aaron killis who runs a textile business is in the same boat. his most trusted work tool lately, an app on his phone which helps him monitor the lira. >> every day we check the currencies. going up. two hours you come here it was 213 now 221. >> how often are you checking the currency? >> for the last month every hour. >> every hour. that big an impact. >> the turkish lira got strong after turkey's central bank held an emergency meeting late in the night and raised interest rates by as much as 5 percentage points. a huge move in a world accustomed to central banks moving by a quarter of a percent or half at most. the country's finance minister appeared on national television to say it wouldn't necessarily hurt the economy and it was important for the central bank to act independently. the hike in rates came despite pressure from the country's prime minister who feels rising rates will hurt the economy before key elections in march. today he blamed an international conspiracy of bankers and the media for the country's current financial troubles.