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Saturday, January 17, 2015

The Turkish lira and the Erdogan effect | beyondbrics

The Turkish lira and the Erdogan effect
Daniel Dombey | Jan 16 16:42 | Comment | Share

TRY per USD, week to Jan 16. Source: Thomson Reuters

Turkey’s President Recep Tayyip Erdogan has got embroiled in interest rates again – and the country’s currency immediately felt the impact.

More:The Turkish lira and the Erdogan effect | beyondbrics