Lira Weakens to Record as Stocks Retreat After Deadly Attack

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  • Turkish currency third-worst performer among peers this year
  • Trading patterns in equities sending bearish signals

The lira weakened to an all-time low and stocks slid with bonds as President Recep Tayyip Erdogan vowed to escalate the government’s campaign against Kurdish separatists after a roadside bomb killed Turkish soldiers, deepening concern over the nation’s security.

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