By Ali Unal
The Istanbul-based anti-graft operation that was launched on December 17 and ongoing crisis between the government and the judiciary had a negative impact on markets. Last week, the Lira dipped to 2.17 against to the US dollar and 3.03 against the euro. The Borsa Istanbul 100 Index (XU100) fell to 63,885, reaching its lowest level since 2012, while the two-year bond yields rose above 10 percent.
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