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Turkish lira recoup losses following Central Bank intervention

Jerusalem Post Monday, 13 August 2018
Turkish lira recoup losses following Central Bank interventionThe fresh lira collapse on Sunday night hit Asian shares, weakened the South African rand and drove demand in global markets for safe currencies including the dollar, Swiss franc and yen.
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News video: Turkish lira pulls back from record low after central bank plan

▶ Turkish lira pulls back from record low after central bank plan 01:42

Turkey's lira has pulled back from an overnight record low of 7.24 to the dollar after the central bank pledged to provide liquidity and cut lira and foreign currency reserve requirements for Turkish banks. As Francis Maguire reports, the announcement came after Finance Minister Berat Albayrak said...

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