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Tuesday, May 15, 2018

Turkey's lira hammered after Erdogan says wants greater economic control | Reuters

Turkey's lira hammered after Erdogan says wants greater economic control
Daren Butler, Nevzat Devranoglu

ISTANBUL (Reuters) - Investors hammered Turkey’s lira on Tuesday, sending it to a record low after President Tayyip Erdogan said he plans to take greater control of the economy after next month’s election, deepening concerns about his influence on monetary policy.

More:Turkey's lira hammered after Erdogan says wants greater economic control | Reuters