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Thursday, October 12, 2017

Why financial contagion has gone away – at least for now

In early morning trading on Monday, the Turkish lira, one of the most actively traded emerging-market currencies, plunged more than 6 per cent versus the dollar after the decision by the US to suspend the processing of the bulk of new visas in Turkey, a member of Nato and a crucial strategic ally...

Why financial contagion has gone away – at least for now

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