TURKISH LIRA DIVES 15% AS PRESIDENT DEFIES CRITICS

© Getty Images President Tayyip Erdogan built his reputation on strenghening Turkey's economy The Turkish lira nose-dived 15% on Tuesday after President Tayyip Erdogan defended a controversial plan to cut interest rates to boost the economy. The currency hit a record low of just over 13 lira to the dollar, before recovering slightly, marking 11 straight days of falls.Mr Erdogan has pushe...

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