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Turkish banks banned from some foreign currency trades after lira plunges: report

Turkish banks have been banned from performing some foreign-currency trades with UBS, Citibank and BNP Paribas as part of a series of dramatic interventions by the...

French bank claims Turkey headed for a recession

An analysis released by French bank BNP Paribas has claimed that Turkey is heading for a recession that will last several quarters. The analysis was...

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