Lira Sinks Most in Emerging Markets Amid Power Grab

  • Turkey's currency depreciates for fourth straight day
  • AK Party to seek `mini' constitutional change: Erdogan adviser

The Turkish lira led losses across emerging markets and stocks fell on mounting concern President Recep Tayyip Erdogan’s attempts to tighten his grip on power will make the nation’s economic and monetary policies less predictable.

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