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Turkish Lira Slumps to New Record Low as Central Bank Expected to Go for Fourth Rate Cut in a Month

The new low for the Turkish lira came after S&P Global Ratings lowered the outlook on the countrys sovereign credit rating to negative on Friday, citing risks from the "extreme currency volatility."
Tayyip Erdogan President Recep Tayyip Erdogan Ataturk Airport President Tayyip Erdogan Finance Minister Nureddin Nebati Turkish Lira
Source: ibtimes.sg

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