(Bloomberg) — The lira jumped to its strongest level in almost two weeks while bonds and stocks rallied after the U.S. agreed not to impose any further sanctions on Turkey as part of a temporary cease-fire deal in Syria struck between Ankara and Washington on Thursday.The currency gained more than 1%, erasing losses that were fueled in recent days by concern Washington would impose punitive measures against the Turkish economy in response to the offensive against Kurdish rebels in Syria.Skirmishes Continue in Syria After Truce Declared: Syria UpdateThe benchmark stock gauge gained 4%, led by the nation’s largest listed lender, …read more
Source:: Yahoo Finance
