Tuesday, April 09, 2019

What if Turkey squeezed the London lira market to death? - Reuters

What if Turkey squeezed the London lira market to death?
Marc Jones, Karin Strohecker

LONDON (Reuters) - Turkey’s authorities have shown over the past month they are capable of squeezing the life out of the $35 billion (26.75 billion pounds)-a-day London lira market - but the cost of killing it off completely would be high for country itself.

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