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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Turkey’s central bank burnt through almost $12bn defending the lira in a record intervention after President Recep Tayyip Erdoğan’s detention of his political rival triggered a political crisis that scared investors and sent the currency reeling.
The bank spent $11.5bn propping up the currency on Wednesday after the detention of Istanbul’s mayor, Ekrem…
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