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Bounce back follows painful rout earlier in 2021 sparked by monetary policy jitters
Currency hits low as foreign investors pull out and worries swirl over central bank policy
Investors seek protection from volatile exchange rate by driving up demand for bitcoin
Conditions make it more challenging to unwind positions or bet against lira, analysts say
Speedy return to economic orthodoxy is needed after firing of central bank head
Stocks and bonds also sink following removal of Naci Agbal and fears over monetary policy
Analysts predict ‘ugly reaction’ in currency market to abrupt dismissal of Naci Agbal
Currency has risen 6.5% against the dollar since start of January as tighter monetary policy shores up sentiment
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