Turkish lira volatility returns after sacking of central bank governor
Published: Wednesday, 10 July 2019
A drop in the Turkish currency is good news for mineral exporters.
The Turkish lira reversed months of gains,
after President Recep Tayyip Erdogan sacked the
country’s central bank governor.
A weaker lira is good for miners, who sell
their material in dollars but pay local costs in Turkish
Turkey is a major producer of a number of minerals,