Turkey’s latest diplomatic row may have given currency traders another reason to dump the struggling lira.
Already under pressure following a larger-than-expected rate cut last week, the currency is likely to encounter fresh selling after President Recep Tayyip Erdogan said on Saturday that the ambassadors of 10 foreign nations were no longer welcome.
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October 24, 2021 at 07:03PM
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Erdogan's Latest International Spat May Deal Fresh Blow to Lira - Bloomberg
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