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Monday, August 13, 2018

Turkey Has More To Worry About Than Trump's Tariffs

Turkey Has More To Worry About Than Trump's Tariffs
Kenneth Rapoza

The Turkish lira is in the company of every other emerging market currency.
Turkey's rate increases have arguably fueled lira weakness and CPI increases, exacerbated by Trump’s new tariffs.

The Turks survived Vladimir Putin’s ire not too long ago. They’ll survive Trump’s too. Their economy, however, might not survive their central bank.

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