Tuesday, March 10, 2020

Lira dodges global pain with cheap oil a boon for Turkey | Financial Post

Lira dodges global pain with cheap oil a boon for Turkey

Reuters
March 9, 2020

ISTANBUL — The Turkish lira bounced back on Monday from earlier losses, bucking a selloff in many other emerging market currencies which were clobbered by a plunge in oil prices that economists said would boost Turkey’s import-reliant economy.

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