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Turkey sees 3rd fuel hike in a week amid currency depreciation

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Web Desk

ISTANBUL: Turkish consumers was struck by the third round of fuel price hike in a week, as a volatile Turkish currency took its toll on the economy, which relies largely on imports.

The per liter gasoline price rose by 2.18 liras (about 0.12 U.S. dollars) to nearly 28.5 liras across the country, Birgun daily reported, reflecting an almost 268 percent increase in fuel prices compared with a year ago.

Read more: Pakistan out of financial crisis after petroleum price hikes: Miftah Ismail

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