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Turkish lira up two percent after Istanbul election results

Tuesday, 25 June 2019 12:06 AM [ Last Update: Tuesday, 25 June 2019 1:47 AM ]

Turkish people gather to celebrate after the Istanbul mayoral elections re-run, at Kadikoy in Istanbul, on June 23, 2019. (Photo by AFP)

Rahshan Saglam

Press TV, Istanbul

The Turkish currency, the lira, has climbed some two percent against the US dollar as investors cheered an end to months of uncertainty over Istanbul’s mayoral elections. The lira had been struggling to maintain its value against the dollar amid internal political dispute and diplomatic tensions with Washington. Rahshan Saglam reports from Istanbul.

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