Turkey faced a near market crash on Monday (8 June) after ruling Justice and Development Party (AKP) failed to win a majority in Sunday's general election, raising fears about the country's political stability.
The Istanbul stock exchange opened with an 8 percent loss Monday morning and lost almost 6 percent at the close, while the Turkish Lira lost 5 percent and reached a new low, at 2.75 Lira for 1 Dollar and 3.11 for 1 Euro.
The Lira's fall was contained by Turkey's central ban...
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