Turkey Stocks Rise Most in World as Lira Beats Emerging Peers
Tugce Ozsoy
@Daphniful
July 25, 2016 — 10:06 AM CEST
The lira depreciated to a record low against the dollar last week and the worst equity selloff since 2008 wiped about $36 billion from the stock market as investors fretted over the fallout from the coup attempt. While thousands have been arrested since the failed putsch on July 15, the purge of those allegedly implicated in the upheaval is almost over, Yildirim said in an interview on Sunday. The government plans to invest billions of dollars in infrastructure to keep growth on track, he said.
More:Turkey Stocks Rise Most in World as Lira Beats Emerging Peers - Bloomberg
