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Turkish stock market hits record high

Turkey is experiencing major economic problems, but the Istanbul stock exchange continues to rise.

OZAN KOSE/AFP via Getty Images
Traders work at their desks on the floor of the Istanbul stock exchange, Borsa Istanbul, on May 22, 2018, in Istanbul, Turkey. — OZAN KOSE/AFP via Getty Images

Turkey’s stock exchange reached an all-time high today. 

Borsa Istanbul’s BIST 100 index rose to 2,533 points at around 2:50 p.m. Istanbul time, according to Yahoo! Finance. It was the highest level since data first became available in 1988, per data from Investing.com. The index later fell slightly to close at 2,519.24 points.

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