Turkish Lira Rises Before Meeting Between Biden and Erdogan
Jun 15 2021, 10:30 AM
June 14 2021, 5:28 PM
June 15 2021, 10:30 AM
(Bloomberg) Turkeyâs lira rallied the most in emerging markets as investors watched a meeting of President Recep Tayyip Erdogan with his U.S. counterpart Joe Biden for signs whether the two countries can heal their rifts.
(Bloomberg) Turkeyâs lira rallied the most in emerging markets as investors watched a meeting of President Recep Tayyip Erdogan with his U.S. counterpart Joe Biden for signs whether the two countries can heal their rifts.
The currency rose for a seventh day, the longest streak of gains since February 5. The advance comes on the heels of a swap deal with China that will enable Turkey to reduce its use of dollars in international trade.