Lira’s in for a Rough Ride If Turkey Moves Troops Into Syria
By Paul Wallace
October 8, 2019, 1:09 PM GMT+2
The lira’s volatility has climbed as Turkey’s possible incursion into northern Syria heightens the risk of U.S. sanctions. Still, Turkey is no stranger to geopolitical risk and these levels are well below those reached just a little over a year ago in a bilateral spat.
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