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Turkey's embattled lira on Friday hit new record lows against the US dollar and euro, losing over seven percent in value as strains with the United States showed no sign of abating and fears grew over the exposure of European banks.
The lira was trading at 5.95 to the dollar, a loss on the day of 7.5 percent. Earlier, it had crashed some 12 percent through the 6.00 level for the first time in history, trading at one point at more than 6.20 lira per dollar.
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