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Turkish Lira Plummets Again 'casting Pall' Over European Stocks, Dampens U.s. Markets

by forbes.com posted 9months ago 68 views
A weaker Turkish currency - down some 45% against the U.S. dollar this year - should be a great for tourists heading to “brand damaged” Turkey, but fears mount that an economic collapse in the country and panic would be far more damaging and more than offset any temporary boon from a weaker Lira.

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