Turkish Lira Tumbles to New Low as Devaluation Pressure Mounts
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Turkish Lira Tumbles to New Low as Devaluation Pressure Mounts
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https://www.wsj.com/articles/turkish-lira-tumbles-to-new-low-as-devaluation-pressure-mounts-409c461b
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ANKARA, Turkey—The Turkish lira
tumbled to a record low after the country’s new cabinet signaled an attempt to stabilize the country’s troubled economy, including scaling back an expensive effort to defend the local currency.
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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
