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lira value losses

Turkish bank bonds trading at distressed levels implies more risk: report

The bonds of three Turkish lenders are trading at distressed levels, which shows the deteriorating opinion of investors on the ability of the companies...

Turkey’s tumbling lira tests Erdoğan’s rate resolve: report

Turkish central bank head Murat Uysal has stuck to the rate-cutting script since President Recep Tayyip Erdoğan hired him to lift Turkey out of...

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