Turkey’s Market Collapse Deepens as Rules Are Eased for Banks
Turkish lira banknotes sit in this arranged photograph at a currency exchange in Istanbul, Turkey. (Photographer: Kostas Tsironis/Bloomberg)

Turkey’s Market Collapse Deepens as Rules Are Eased for Banks

(Bloomberg) -- Turkish policy makers made their first move to bolster the financial system and investor confidence amid a plunge in the lira. The currency, stocks and bonds extended their decline.
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