Turkey Unveils 'Safe Harbor' Lira Symbol, Emphasizes Growing Clout
By Joe Parkinson
Of DOW JONES NEWSWIRES
ISTANBUL (Dow Jones)--For decades, "safe harbor" wasn't a term readily associated with the Turkish lira.
In the latter part of the twentieth century, the currency was infamous instead as a haven for volatility and hyper-inflation. Shunned by investors and exchanged hastily by Turkish consumers, the lira's lowest-denomination note was 100,000.
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