Turkish lira struggles in Asia but equities see some stability
The lira continues to face pressure as central bank measures were met with disappointment (AFP Photo/OZAN KOSE)/ Turkey's lira remained under pressure in Asian trade Tuesday but markets in the region enjoyed a little more stability after the previous day's turmoil. Nervous investors are keeping an eye on developments in Ankara after Monday's bloodletting that saw the lira hit record lows against the dollar and euro, and equity markets go into freefall on concerns Turkey's financial crisis could spread globally. In early Asian trade the ...
Click
To Read Full Article