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Turkish lira falls past 48 per dollar, extending 17% 2025 loss

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  • The Turkish lira weakened past 48 per US dollar in August.
  • About 17% marked the lira's year-to-date loss.
  • CBRT held its 37% overnight lending rate for a fourth consecutive July decision.
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Turkish lira falls past 48 per dollar, extending 17% 2025 loss - CoinPost Terminal