Showing posts with label elections 2018. Show all posts
Showing posts with label elections 2018. Show all posts

Friday, July 13, 2018

Turkey's turmoil and how it measures up against other emerging markets

JULY 12, 2018 / 7:57 PM / UPDATED 18 HOURS AGO
Marc Jones
5 MIN READ

LONDON (Reuters) - Turkey’s financial markets are being battered. The lira is at a record low after slumping more than 20 percent this year, Istanbul’s stock market has just had its worst day in over two years and investors are dumping the country’s bonds.

Below are a series of graphics that illustrate the scale of the turmoil and show how Turkish assets now compare to those in other heavyweight emerging markets.