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The Turkish lira and bonds are headed for their worst monthly declines since 2023 as markets seek to find new equilibrium levels in the wake of last week’s rout, sparked by the detention of ...
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London (Reuters) -Major currencies fell as the safe-haven dollar climbed on Wednesday following news Turkish authorities had detained President ... Show Full Article That drop rippled through major ...
The Turkish lira fell to a record low against the dollar and the country's benchmark stock index dropped by as much as 7% following the surprise arrest of Istanbul mayor Ekrem Imamoglu — a rival ...