Turkey running low on hard cash reserves as markets fear 'dollarisation'
Karin Strohecker
6 Min Read
LONDON (Reuters) - Turkey’s repeated attempts to shore up the lira over the past year have left it perilously low on hard cash reserves as domestic households scramble to shift their savings to dollars and companies struggle to refinance their overseas debts.
More:Turkey running low on hard cash reserves as markets fear 'dollarisation' | Reuters