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May 19 (Reuters) – Most emerging market currencies on Friday were set for losses at the end of a rollercoaster week that saw the dollar being lifted by optimism over a U.S. debt ceiling deal, while Turkey’s lira hovered close to an all-time low seen in the previous session. MSCI’s index of EM currencies .MIEM00000CUS was up 0.2% at […]
Turkish assets fall again as Erdogan seen extending rule
Turkey's sovereign dollar bonds also suffered fresh declines, while data showed the country's home sales fell 35.6% year-on-year in April. Broader emerging market stocks rose for the second straight day, up 0.4% by 0822 GMT, while currencies were flat.
LONDON (Reuters) -Turkey's market rout deepened on Tuesday amid investor expectations that President Tayyip Erdogan will be able to extend his rule - and his unorthodox economic policies - into a third decade. | 08:14am
By Libby George and Canan Sevgili LONDON (Reuters) -Turkey's market rout deepened on Tuesday amid investor expectations that President Tayyip Erdogan ...