Turkey's Lira recovered and advanced for a
third straight day after it experienced a record low depreciation of 1.9224
per US Dollar last week. Lira ascended 0.4% to 1.8833 per US Dollar. Turkey's
currency weakened by 17.7% last year and faced the largest depreciation among
emerging economies, trailed by Bloomberg. Country's central bank intervened and
sold dollars extensively on December 30.
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