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Turkish lira makes solid gains after AK Party wins election

Discussion in 'Market News' started by ForexLive, Nov 2, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Eamonn highlighted the victory in his wrap - lira firms to below 2.8 vs USD - 10-year benchmark bond yield fall to 9.24% vs 9.77% on Friday Going for a snap election was a gamble, so soon after the Islamist-rooted AKP lost its majority in the June election but the AKP will have significantly more seats than the 276 it needed to rule on its own.

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