The FINANCIAL — Turkish lira dropped to record low against dollar as state bank interventions could not reassure investors. The last lowest point was hit in May. Meanwhile, heavy interventions late last week drained the supply of local currency, government-owned lenders flooded the market with foreign exchange, selling at
MoreThe FINANCIAL -- The EBRD expects gradual recovery in the Turkish economy in 2020 after the start of a recession at the end of last year which should result in economic contraction in 2019.
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