From Best to Worst: Investors Are Souring on Turkey’s Markets
By Tugce Ozsoy and Selcuk Gokoluk
June 6, 2021, 12:00 AM EDT
In just three months, the Turkish lira has gone from best to worst.
The currency is the victim of the head-spinning policy swerves of President Recep Tayyip Erdogan, who is once again pressing policymakers to cut rates even as inflation remains at almost 17%.
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From Best to Worst: Investors Are Souring on Turkey’s Markets - Bloomberg