Police Deaths Fuel Lira Drop as Turkey Security Concerns Mount
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The lira fell the most in emerging markets and bonds slid after a second possible terrorist incident in three days added security concerns to a list of reasons to sell the Turkish currency.
The lira weakened 1 percent to 2.7116 against the dollar at 6:26 p.m. in Istanbul, taking this week’s decline to 2.1 percent. Two police officers were found dead at their home in Sanliurfa, near Turkey’s border with Syria, AHaber TV channel said today, two days after a suspected suicide bomb killed 32 people.