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Turkish Crisis Rattles Currency Markets - http://earlyretireonline.com | how to earn money fast

August 10, 2018 12:35 pm
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The Turkish lira tumbled Friday, a shock that set off sharp falls in other emerging-market currencies, hit the euro and European banks, and pushed the dollar to a one-year high.

Investors have for months questioned Turkey’s financial health and ability to repay its foreign debts. Until Friday, those concerns had shaken only Turkey directly, but they have now spread into the wider market.

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