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Turkey: Currency Value Tumbles Toward Record Low

Nov 22, 2017 | 00:02 GMT

The value of Turkey's currency, the lira, rapidly depreciated to records lows, falling to 3.97 to the U.S. dollar. In an effort to not breach the unprecedented rate of 4 lira to 1 dollar, Turkish President Recep Tayyip Erdogan instructed his ministers to prepare for urgent measures to bolster the...

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