Lira Weakens First Time in Four Days on Greek Debt Deal Talks
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The lira weakened for the first time in four days as investors avoided risky assets before a gathering of European leaders to secure a deal over the Greek debt writeoff.
The Turkish currency declined 0.9 percent to 1.7927 per dollar as of 5:03 p.m. in Istanbul. A close at this level will be the biggest depreciation since Dec. 28, according to data compiled by Bloomberg.