ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a …
Read More »Lira needs more than words to arrest decline, say investors
Bloomberg The Turkish central bank’s thinly veiled pledge to take action to stem the lira’s bought only a short reprieve before the slump continued. By just after 3 p.m. on Tuesday in Istanbul, the lira was trading down 1.7 percent against the dollar — weaker than its level prior to the central bank’s statement about an hour earlier and …
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