Bloomberg News
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Lira Slumps as Turkish Army Advances
Posted
October 15, 2019
Views
32,786
Likes
130
Comments
86
Engagement
0.66%
October 15, 2019
32,786
130
86
0.66%
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1:08Now PlayingTurkey’s military excursion into Northern Syria is certain to push the lira to new lows. The EU is already preparing its sanctions framework, while the U.S. has stated its intention to launch a raft of economic sanctions against Turkey. Until the situation settles, expect the lira to experience a major deterioration. Insights via @CMEGroup
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