Turkish Lira Hits Record Lows After Erdogan Threatens Foreign Diplomats With 'Persona Non Grata' Status - NewsBreak

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By Bryan in Business
Updated 3 years ago

Erdogan declared Saturday that he had demanded the status of "persona non grata" be applied to the ambassadors of the U.S. and nine other Western countries. The lira had already hit a record low the previous week after Turkey's central bank cut its key interest rate despite growing inflation....