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Monday, January 27, 2014

Turkey Stems Emerging-Markets Slide - WSJ.com

Turkey Stems Emerging-Markets Slide
Lira Sharply Higher; Relief for Other Emerging Markets

By
Katie Martin
connect
Updated Jan. 27, 2014 10:50 a.m. ET

Turkey's central bank said it would hold an extraordinary interest rate-setting meeting late Tuesday, jolting the lira sharply higher after yet another record-breaking slide and bringing a pause to selloffs in other struggling markets.

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