Turkish Lira Advances Most Since 2008 on AK Party's Election Win

Updated on
  • Societe Generale sees lira testing 2.72 against dollar
  • Citibank's Costa sees centralization of Erdogan's power

Erdogan Win Ends Months of Political Tension in Turkey

Turkey’s lira surged with stocks and bonds after the political party President Recep Tayyip Erdogan co-founded swept back into office in the second parliamentary vote this year, ending months of political deadlock.

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