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MarketsLira Plunges Ninth Day as Turkish Banks Cut Down Dollar SalesLira is world’s third-worst performing currency this yearGlobal risk aversion worsens Turkey’s idiosyncratic risksBySrinivasan Sivabalan+FollowMay 17, 2022, 8:54 AM UTCSign up for our Middle East newsletter and follow us @middleeast for news on the region.Turkey’s lira tumbled for a ninth day, hitting a new low for the year, as state lenders reduced the amount of dollar sales to prop up the currency.
