Monday, August 26, 2019

Turkish lira slides on trade war unease, hit by 'flash crash' - Reuters

Turkish lira slides on trade war unease, hit by 'flash crash'
Daren Butler, Nevzat Devranoglu

ISTANBUL/ANKARA (Reuters) - The Turkish lira weakened more than 1% against the dollar on Monday, after briefly tumbling to 6.47 overnight in what market watchers described as a “flash crash” as Japanese investors cut risk assets over Sino-U.S. trade war worries.

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