Euro holds above 13-month lows vs dollar, Swiss franc Turkish...

• Euro holds above 13-month lows vs dollar, Swiss franc
• Turkish lira rebounds from record low but concerns persist
• Dollar hovers below 13-month peak on safe-haven demand
• Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh

(Updates market action, changes dateline, previous LONDON)

The euro fell on Tuesday, hitting 13-month lows against the dollar and Swiss franc, as traders fret over the exposure of European banks to Turkey, whose currency rebounded from an all-time low.

The Turkish lira TRYTOM=D3 has lost more than 40 percent of its value against the dollar this year, hit by worries over President Tayyip Erdogan's calls for lower interest rates and fraying ties with the United States. .

On Tuesday, however, the lira recovered some ground, trading at 6.4350 to the dollar at 1451 GMT, up 6.7 percent on the day, after plunging to an all-time low of 7.24 on Monday.

Sanctions imposed by Washington on Ankara have stoked anxiety about Turkey's economy, which is already bogged down by double-digit inflation.

The currency was supported by Turkish finance minister Berat Albayrak's remarks at a news conference, where he said the lira will strengthen.

"I don't believe it's all over," said Minh Trang, senior currency trader at Silicon Valley Bank in Santa Clara, California. "We are just getting a bit of reprieve from the recent down move."

Concerns have lingered about European banks' loans to Turkey, stoking selling of regional stocks and the single currency, analysts said.

The euro was down nearly 0.3 percent at $1.13770 EUR=EBS after touching a 13-month low at 1.13650 on Monday.

The common currency touched a 13-month low at 1.12700 Swiss franc EURCHF=EBS before moving to $1.12875, down 0.3 percent on the day, according to EBS data.

The euro EURJPY=EBS held above a 10-plus week low against the yen reached on Monday. It was last down 0.1 percent at 126.15 yen per euro.

The lira's bounce on Tuesday bolstered other emerging market currencies that were slammed by fears about Turkey's economic woes spreading.

The South African rand ZAR= rose 1.4 percent, while the Indian rupee recovered INR= from an all-time low.

Investors remain nervous about a renewed plunge in the lira, prompting capital outflows from other emerging markets that run hefty current account deficits and rely on foreign capital.

Until the crisis in Turkey is over, "risk aversion is likely to remain elevated, which will continue to benefit mainly the currency safe havens," said Antje Praefcke, a currency strategist at Commerzbank in Frankfurt.

Investors have raised their safe-haven holdings of the dollar as a result of the lira crisis.

An index that tracks the greenback versus a basket of other currencies .DXY was steady at 96.414, below a 13-month peak of 96.522 reached on Monday.

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	Currency bid prices at 10:56AM (1456 GMT) 

 Description	  RIC		 Last		   U.S. Close  Pct Change	 YTD Pct	 High Bid	Low Bid 
											  Previous				   Change				  
											  Session											
 Euro/Dollar	  EUR=		$1.1378		$1.1408	 -0.26%		 -5.15%	  +1.1429	 +1.1377 
 Dollar/Yen	   JPY=		110.8800	   110.7100	+0.15%		 -1.59%	  +111.1400   +110.5900 
 Euro/Yen		 EURJPY=	 126.15		 126.33	  -0.14%		 -6.68%	  +126.9800   +126.0300 
 Dollar/Swiss	 CHF=		0.9932		 0.9932	  +0.00%		 +1.94%	  +0.9944	 +0.9901 
 Sterling/Dollar  GBP=		1.2748		 1.2766	  -0.14%		 -5.65%	  +1.2825	 +1.2752 
 Dollar/Canadian  CAD=		1.3078		 1.3131	  -0.40%		 +3.98%	  +1.3136	 +1.3071 
 Australian/Doll  AUD=		0.7258		 0.7268	  -0.14%		 -6.96%	  +0.7283	 +0.7251 
 ar																							  

 Euro/Swiss	   EURCHF=	 1.1300		 1.1329	  -0.26%		 -3.33%	  +1.1354	 +1.1271 
 Euro/Sterling	EURGBP=	 0.8922		 0.8935	  -0.15%		 +0.44%	  +0.8941	 +0.8898 
 NZ			   NZD=		0.6604		 0.6577	  +0.41%		 -6.80%	  +0.6609	 +0.6571 
 Dollar/Dollar																				   

 Dollar/Norway	NOK=		8.3706		 8.3618	  +0.11%		 +1.99%	  +8.3740	 +8.3388 
 Euro/Norway	  EURNOK=	 9.5241		 9.5420	  -0.19%		 -3.29%	  +9.5487	 +9.5190 
 Dollar/Sweden	SEK=		9.0992		 9.1165	  -0.46%		 +10.94%	 +9.1291	 +9.0802 
 Euro/Sweden	  EURSEK=	 10.3530		10.4009	 -0.46%		 +5.22%	  +10.4070	+10.3519 
	 
	 
	 
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U.S. dollar / Turkish lira FX spot rate png	http//tmsnrt.rs/2MJ6FvQ 

Lira fall drags on emerging currencies http//reut.rs/2vK0ReN Turkey banks' capital being eroded by lira slump http//reut.rs/2MwjIQT

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