Turkey lira: Turkish currency RECOUPS losses against dollar as bank holds interest rates

TURKEY interest rates were held today by the central bank as the struggling lira continued to recoup some of its losses against the US dollar. The one-week repo rate was kept steady at 24 percent as predicted by analysts as political and economic pressure appeared to ease off the lira. Daily Express :: Finance Feed

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Germany markets SHOCK: Deutsche Bank shares PLUMMET to RECORD LOW as DAX in huge losses

DEUTSCHE BANK shares plummeted to a record low today while the DAX continued a string of losses in a morning of turbulence for the German stock market. Germany’s biggest bank saw shares fall to a low of 8.65 in early trading, according to Bloomberg, trashing the previous lowest value of 8.75 seen in June 2018. Daily Express :: Finance Feed

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Sears files for bankruptcy as US retail giant buckles under debts and losses

US RETAIL giant Sears has filed for bankruptcy with plans to close another 142 stores after being left fighting for survival. The company, which is 132 years old and was once America’s largest retailer, has been crippled by plunging sales, massive debts and the rise of internet shopping. Daily Express :: Finance Feed

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