Turkish lira caps historic week with big lift from Erdogan government
Turkish lira caps historic week with big lift from Erdogan government
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Turkish lira caps historic week with big lift from Erdogan government
Reuters - Turkey's lira closed out its strongest week on record on Friday, spiking more than 50% with the support of billions of dollars of state-backed market interventions and a promise t
Turkey’s lira closed out its strongest week on record on Friday, spiking more than 50 per cent with the support of billions of dollars of state-backed market interventions and a promise that the government would cover FX losses on certain deposits.
After four red-hot days, the lira cools 3% to 11.8 versus the US dollar
Turkey's lira was on track for its strongest week on record on Friday, having spiked more than 50% with the support of billions of dollars of state-backed market interventions and a promise that the government would cover FX losses on certain deposits