The greenback recovered from a new multi-week low against the Turkish lira in early New York trading on Tuesday. The dollar that dropped to 1.6462 against the buck by 4:45 am Eastern Time bounced back and reached to a high of 1.6657 around 10:40 am. The dollar-lira pair that closed yesterday's New York session at 1.663 is currently quoted at 1.6623.

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