https://www.bloombergquint.com/markets/2018/08/10/turkish-lira-collapses-as-investors-panic-before-erdogan-address#gs.OQaSmGw
There is a high possibility that Turkey's financial crisis may cause a wipeout of Temasek's investment in Turkey's companies.
European banks will also suffer because of this fallout.
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Turkey lira has already fallen by 70% this year.
https://sg.finance.yahoo.com/news/asian-markets-tumble-turkish-lira-033547370.html
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