Emerging-Market Currency Price Swings Widen as Lira Bounces Back

Updated on
  • Polish zloty, bonds advance after Fitch affirms credit rating
  • Turkish stocks drop, offsetting gains in Asia, Latin America

How Far Can Turkish Lira Weaken vs. U.S. Dollar?

A rebound in the Turkish lira after a failed coup attempt helped boost some developing-nation currencies that were hurt by the turmoil as a gauge of exchange-rate volatility rose from an 11-month low.

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