Wednesday, March 27, 2019

Turkey to shore up lira via tight supply through elections - sources | Reuters

Turkey to shore up lira via tight supply through elections - sources
Orhan Coskun, Nevzat Devranoglu, Ebru Tuncay

6 Min Read

ANKARA/ISTANBUL (Reuters) - Turkey will keep directing its banks to withhold lira liquidity from a key foreign market at least until after local elections on Sunday, sources said, as the government intensifies efforts to defend the currency, which plunged last week.

More:Turkey to shore up lira via tight supply through elections - sources | Reuters