Turks Seek Gold, Dollars in Lira Rout
Lira Has Lost 21% of Its Value in the Past Year
By
Joe Parkinson And Yeliz Candemir
ISTANBUL—Two years ago, with Turkey's economy registering double-digit growth, Prime Minister Recep Tayyip Erdogan hailed the lira as one of the world's most stable currencies and his government unveiled a new symbol for it; a T-shaped anchor, designed to herald its new status as a "safe harbor.
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