Turkish lira hits record low, stocks gain after Erdogan secures re-election

Turkish lira hits record low, stocks gain after Erdogan secures re-election

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hit fresh record lows against the dollar on Monday, though stocks rallied, after President Tayyip Erdogan secured victory in Sunday's presidential election, extending his increasingly authoritarian rule into a third decade. The lira weakened to 20.077 to the dollar, breaking through the previous…

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