‘Hot Summer’ of Turbulence Wilts Lira as Erdogan Tightens Grip

  • Yields climb to one-month high as premier says to step down
  • Market may still underestimate political risks: Amiya Capital

Erdogan Takes More Control in Turkey as PM Steps Down

Turkish President Recep Tayyip Erdogan gave investors a taste of just how quickly local politics can undo their investment strategies.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.