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Wednesday, August 19, 2015

Turkish Lira Sinks to New Low Against Dollar - WSJ

Turkish Lira Sinks to New Low Against Dollar

By Yeliz Candemir
Updated Aug. 19, 2015 11:53 a.m. ET

ISTANBUL—The Turkish lira sunk to a fresh record low against the dollar on Wednesday, as the country’s president signaled early elections and deadly terrorist attacks unsettled markets right after the central bank’s disappointing policy steps prompted a selloff.

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