Turkey lira 'UNLIKELY' to recover soon from 'DEEP economic crisis'

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TURKEY is far from recovering from its “deepening economic crisis� which has seen the lira tumble to record lows against the US dollar, according to a journalist in Turkey. Ankara has been gripped by the meltdown of the lira, with the currency plummeting almost a staggering 40 percent of its value against the American currency so far this year.

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