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Lira gains 20 percent after Erdogan’s speech

Rahshan Saglam
Press TV, Istanbul

Turkish lira gained 20 percent on Monday following a speech by President Recep Tayyip Erdogan; the recovery followed a series of decisions announced by the president in a presser after the cabinet meeting. He said new measures will encourage Turks to keep their savings in local currency instead of exchanging it to US dollar and Euro.


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