ISTANBUL- The Turkish lira weakened to a record low of nearly 4.84 against the euro on Monday and hit the lowest level since early December against the dollar on investor concerns about the macroeconomic outlook and the prospect for U.S. interest rate hikes.

Against the U.S. currency, the lira weakened as far as 3.9439, closing in on a record low of 3.98 which it hit in late November. The main share index  fell 0.85 percent.

(Writing by Daren Butler; Editing by David Dolan) ((daren.butler@tr.com; +90-212-350 7053; Reuters Messaging: daren.butler.thomsonreuters.com@reuters.net))