Shock of Lira Crash Pushes Turks to Cushion Savings With Dollars
By Constantine Courcoulas
March 21, 2019, 10:15 AM EDT
Locals hold about $176 billion of foreign currency, a record
Turkey is gearing up for municipal elections on March 31
The stakes in Turkish elections this month could hardly be higher, if the behavior of local investors is anything to go by.
More:Shock of Lira Crash Pushes Turks to Cushion Savings With Dollars - Bloomberg