Lira Crash Continues As Turks Protest Erdogan’s “Treacherous” Election Re-Run Decision

Lira Crash Continues As Turks Protest Erdogan’s “Treacherous” Election Re-Run Decision

The Turkish lira continued its collapse this morning as investors interpreted Turkey’s decision to redo Istanbul’s municipal vote as yet another manifestation of President Recep Tayyip Erdogan’s influence over independent institutions. As Bloomberg notes, the decision drew instant condemnation from the opposition and some European officials. The European Union called for Turkey’s election body to explain […]

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