Lira Extends Fall as Reserve Measures Compound Risk-Off Rout
A cashier counts out 100 denomination Turkish lira banknotes at a currency exchange bureau in Istanbul, Turkey. (Photographer: Kerem Uzel/Bloomberg)

Lira Extends Fall as Reserve Measures Compound Risk-Off Rout

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(Bloomberg) -- Turkey’s lira declined the most in the world after the nation’s central bank announced new reserve requirements that will loosen monetary conditions, adding to negative sentiment tha...
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