The Turkish economy will hopefully overcome the impacts of a currency crisis las...
ISTANBUL - The Turkish economy will hopefully overcome the impacts of a currency crisis last year with just two quarters of contraction, Turkey’s Finance Minister Berat Albayrak said on Sunday.
“Turkey will get over this period hopefully with two quarters and with minimum negative impact,” Albayrak said. The lira has lost as much as 15 percent against the dollar this year, with the latest weakness driven by investor concerns over Monday’s decision to re-run a mayoral election in Istanbul that had been narrowly won by the main opposition party.
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