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2018-08-10

Turkish lira tumbles further as crisis mounts

ECB concerned about exposure of European banks to borrowers in Turkey

FT 10 August 2018



According to Bloomberg Intelligence, the key concern is the more than $130 billion exposure of European lenders to the Turkish non-bank private sector.

https://www.bloomberg.com/news/articles/2018-08-10/european-stocks-drop-as-bbva-to-unicredit-plunge-on-turkey-fears

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