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Tuesday, August 18, 2020

Turkish lira tanks amid policy mistakes | Business| Economy and finance news from a German perspective | DW | 17.08.2020

Turkish lira tanks amid policy mistakes

Turkey's currency hit a record low against the US dollar, as investors are worried about the risk of rising inflation and even a balance-of- payments crisis. Depleted foreign currency reserves add to the woes.

More:Turkish lira tanks amid policy mistakes | Business| Economy and finance news from a German perspective | DW | 17.08.2020