Turkish currency’s freefall rocks world equity markets, euro

By Herbert Lash and Ritvik Carvalho NEW YORK/LONDON (Reuters) - A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear of further fallout sent investors scurrying for safety in assets like the yen and U.S. government bonds. European shares and a gauge of global equity markets closed down more than 1 percent, while Wall Street also fell, though not as much.

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By: Firstpost - Friday, 10 August

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