week: A diplomatic spat with the US helped send the lira into a tailspin last week and it hit a record low of 7.2 to the dollar on Monday, sending tremors through emerging markets, according to The Guardian. However, the lira remains about 20% below where it was a month ago. It rose 2.5% in early trading, with one dollar buying 5.8 lira. Turkish financial crisis Lira recovers as Ankara tries to calm markets - live updates Read more European stock markets pushed higher on Thursday, with the FTSE 100 index in London up 0.6%. China's announcement that it would send a trade delegation to the US soon has also cheered markets. However, he will not take live questions and will only answer questions submitted in advance, the Financial Times reported, citing a government official. Berat Albayrak, President Recep Tayyip Erdo an's son-in-law who became treasury and finance minister last month, faces a tough test when he addresses international investors and analysts at 2pm BST, with 3,000 people expected to dial in.
(news.financializer.com). As
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