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Turkish lira firms despite US warning of more sanctions

Updated : August 17, 2018 01:49 PM IST

The Turkish lira strengthened against the dollar on Friday as investors weighed up a US warning that Turkey should expect more economic sanctions unless it hands over detained American pastor Andrew Brunson.
The lira has lost a third of its value against the dollar this year as worsening relations between the NATO allies added to losses driven by concerns over President Tayyip Erdogan's influence over monetary policy.
Turkish lira firms despite US warning of more sanctions
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