republic of turkey
- n a Eurasian republic in Asia Minor and the Balkans; on the collapse of the Ottoman Empire in 1918, the Young Turks, led by Kemal Ataturk, established a republic in 1923
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- Turkey's Currency Is Plummeting And The Central Bank Is Blowing Through Tons Of Cash To Try To Save It
The Central Bank of the Republic of Turkey (CBRT) has intervened in the foreign exchange market six times already today to prop up the value of the Turkish lira.
July 10, 2013 - Business Insider