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Caution is the word for Turkish markets
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1 Articles
Caution is the word for Turkish markets
State banks shore up lira Currency hits historic lows Consumer inflation eases Turkey’s money markets are under pressure, with economic headwinds eroding investor sentiment and knocking stocks off record highs. The government moved to protect the lira from sharp losses and a rush into foreign currencies after a court removed Özğur Çelik, head of the opposition Republican People’s Party’s (CHP) Istanbul branch, and about 200 officials on Tuesday,…
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