Turkey's lira gained more steam and was up 15 percent on Tuesday, extending its historic recovery from record lows, after President Recep Tayyip Erdogan unveiled a plan to guarantee local currency deposits against market fluctuations.
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ANKARA (Reuters) - Turkey's lira gained more steam and was up 7% on Tuesday following a historic 25% recovery from record lows, after President Tayyip Erdogan unveiled a plan he said would guarantee local currency deposits against market fluctuations.
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