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Turkey Is Going Down Again

Joe WeisenthalJan 14, 2014, 14:59 IST

Just beneath the surface of what everyone's paying attention to, the crumbling financial fortunes in Turkey continue to be a major story.

And that continues today. The Turkish stock market is down over 1%. And the dollar has risen to a new high against the Lira.

Here's a one week chart of USD/TRY via XE.com:

XE.com