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The move also sent the lira currency to a record low, fuelling a sell-off of Turkish assets that has destabilised ... "The industrialists now have to pay the bill for a crisis they did not cause ...

Turkey’s currency had slumped to a new all-time low against the dollar and euro last week after Istanbul Mayor ... further by selling 50 billion lira ($1.31 billion) in 91-day bills — the first time ...

(Bloomberg) -- Turkish markets showed signs of stabilizing ... The lira traded 0.3% lower at 38.00 per dollar as of 1:15 p.m. in Istanbul, after plunging as much as 11% in Wednesday’s chaotic ...