Turkish lira volatility returns after sacking of central bank governor

By William Clarke
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 lira.

Turkey is a major producer of a number of minerals, including barite,...

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