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Turkish lira rebounds from historic lows amid rate controversy • FRANCE 24 English

FRANCE24, 25 Nov 2021
Turkey's currency has recovered slightly, after hitting historic lows on Tuesday. The lira has lost 40% of its value against the US dollar since the start of the year, amid a series of controversial interest rate cuts and double-digit inflation. Also in the show - as the US leads an international push to release oil supplies and lower prices, we look at the history of America's strategic petroleum reserve. 

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