Turkish lira steadies after historic November selloff
Turkish lira banknotes are seen placed on U.S. Dollar banknotes in this illustration taken, November 28, 2021. REUTERS/Dado Ruvic/Illustration By Reuters The Turkish lira held steady on Wednesday after tumbling to a new record low of 14 to the dollar overnight as President Tayyip Erdogan doubled down on his pre-election strategy of sharp rate cuts
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