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The lira falls 0.2 percent against the US Dollar as row with Moscow continues

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LIRA-DOLLARIt is reported that the Turkish currency and stock markets were lower on Wednesday öostly due to the tension between Moscow and Ankara. On the other hand it is also reported that Turkish stocks have fallen by 0.2

The Turkish Customs and Trade Ministry said on Wednesday that Turkish foreign trade deficit had narrowed to $4.04 billion in November from 8.4 billion in the same month of 2014,

Experts have drawn attention to the fact that Russian sanctions imposed after Turkey’s downing of a warplane were softer than expected.

It was also noted that agreement between Turkey and EU to speed up EU accession talks had led to hopes Turkey would get back to work to re-launch reforms which stalled a few years ago when accession talks had been interrupted.

SOURCE: MEDIA

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