Fresh lira selloff sends Turkey dollar bonds lower

13 May, 2019

The 2040, bond fell 0.6 cents to 85.09 cents in the dollar, it's lowest level in nearly six months, Refinitiv data showed.

The Turkish lira tumbled as investor concerns about political uncertainty resurfaced, reversing gains from late last week when state banks sold billions of dollars to support the currency according to sources.

Copyright Reuters, 2019

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