Turkey’s forex reserves an Achilles heel if sanctions were to deepen

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Gulf News 18.10.2019. 16:26

Turkey’s forex reserves an Achilles heel if sanctions were to deepen

LONDON: Turkey’s paltry foreign currency reserves leave it vulnerable to a financial shock in the wake of its military push into Syria, with markets concerned that geopolitical tension and sanctions over the incursion could lead to a reprise of its 2018 lira crisis. A deal between Ankara and Washin»»»

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