Turkey’s lira sinks to fresh record low after Erdogan re-election

Turkey’s lira sinks to fresh record low after Erdogan re-election

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The Turkish lira sank to a fresh record low Monday as incumbent Recep Tayyip Erdogan secured his victory in the 2023 presidential election, extending his rule into a third decade in power. The currency briefly touched 20.0608 against the greenback at around 11 a.m. Monday morning local time,…

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