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Turkish billionaire Aydin Dogan plans to use $700 million cash pile for acquisitions

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(Bloomberg) --Turkish billionaire Aydin Dogan plans to use the $700 million cash pile he gained from the sale of his media business on domestic...

Turkey Advises Banks Against Offering Lira Liquidity Offshore

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(Bloomberg) -- Turkish regulators have advised some local lenders against offering lira liquidity in the offshore money-market, according to three people with knowledge of...