Turkey Drives Risk-Off, But Pressure Abating
August 13, 2018 at 08:56 AM EDT
The failure of Turkey to grab the bull by the horns, so to speak, and come to grips with the situation saw the dollar soar above TRY7.23(from TRY6.43 at the end of last week) and to ZAR15.55 (from ZAR14.09).