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Wednesday, August 19, 2020

Turkey's lira recovers from all-time low; EM shares decline | Financial Post

Turkey's lira recovers from all-time low; EM shares decline
Author of the article:
Reuters
Susan Mathew
Publishing date:Aug 19, 2020  •  Last Updated 11 hours ago  •  2 minute read
Article content
Turkey’s lira firmed on Wednesday after the central bank signaled higher borrowing costs, while upbeat sentiment after the S&P 500 index hit a record high overnight proved brief as an index of emerging market stocks erased early gains.

More:Turkey's lira recovers from all-time low; EM shares decline | Financial Post