Turkish Lira Crashes To Record Low, CDS Spike As 'Plan Z' Fails
Aug 6th 2020 8:45am EDT
Turkish Lira Crashes To Record Low, CDS Spike As ‘Plan Z’ Fails Tyler Durden Thu, 08/06/2020 – 08:45 Despite Turkey’s draconian “Plan Z” measures where it effectively nationalizes the FX market, the world is rejecting Turkish Lira today, sending Erdogan’s currency to a new record low against the dollar… Additionally, the CDS markets are starting […]
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