TURKISH LIRA REBOUNDS AFTER HITTING RECORD LOWS

© Reuters/MURAD SEZER Turkish lira banknotes are seen in this illustration ISTANBUL (Reuters) - Turkey's lira continued its recovery on Thursday after a historic slide to record lows this week triggered by President Tayyip Erdogan's defence of interest rate cuts. The lira traded at 11.85 at 0400 GMT, firming some 1.9% from a close of 12.0820 on Wednesday. It hit its weakest level of ...

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