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Turkey Seeks to Calm New York Investor Nerves as Lira Plunges

Turkey's prime minister and his economic team will seek to calm nerves among top investors in New York who hold more than 20 percent of the main Istanbul stock index, after President Tayyip Erdogan's tirades against the central bank helped send the lira to record lows. Erdogan has repeatedly attacked the bank over its failure to cut interest rates as sharply as he wants ahead of a June general election, telling its governor and Deputy Prime Minister Ali Babacan, who is in charge...

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