Thursday, May 09, 2019

Turkey's central bank steps in after the lira nosedives to an eight-month low

Turkey's central bank steps in after the lira nosedives to an eight-month low

Natasha Turak | @NatashaTurak

Turkey's beleaguered currency breached 6.24 against the dollar in Thursday trade, its lowest level in eight months amid deep market uncertainty worsened by the recent announcement of new elections for the city of Istanbul

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