Turkish Lira May Slide 29% After Erdogan Victory, Morgan Stanley Says

Turkish Lira May Slide 29% After Erdogan Victory, Morgan Stanley Says

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The Turkish lira is at risk of a 29% slump should President Recep Tayyip Erdogan, who clinched another five-year term, stick to his policy of keeping interest rates low. • None Biden, McCarthy Forge Debt Deal in Bid to Avert US Default • None Key Takeaways From Biden-McCarthy Deal to Avert US…

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