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Turkey's lira plunged more than 4 percent against the US dollar on Friday, its biggest one-day fall since a currency crisis took hold in August, raising concerns that Turks are increasingly buying up foreign cash as relations deteriorate with the United States. The lira was on track for its lowest close since October. It traded at 5.69 at 1516 GMT, compared to Thursday's close of 5.4650, after briefly hitting to 5.75.
Turkey's dollar bonds also fell across the curve.

Copyright Reuters, 2019

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