All the day’s economic and financial news, as Turkey’s lira crisis hits shares and currencies around the globe

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German chancellor Angela Merkel has now waded into the crisis, urging Turkey to ensure the independence of its central bank.

“No one has an interest in an economic destabilisation inTurkey. But everything must be done to ensure an independent central bank,.

Germany would like to see an economically prosperous Turkey. This is in our interest.”

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Read More Turkish lira crisis: Erdoğan says ‘attacks will continue’ against the economy – live updates

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