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Wednesday, May 23, 2018

Turkish currency hits record low amid Erdogan concerns


Turkish currency hits record low amid Erdogan concerns



Turkey's currency, the lira, has fallen to an all-time record low against the dollar amid fears of economic instability as the country heads toward snap presidential and parliamentary elections next month.

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Pound falls as borrowing costs rise to highest since 2008

Economists have warned the rise could ultimately mean further tax rises or cuts to spending plans. from BBC News https://ift.tt/ohNK5jU