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Thursday, August 02, 2018

Turkey lira slumps to record lows over US sanctions in pastor case, Ankara vows to respond

Turkey lira slumps to record lows over US sanctions in pastor case, Ankara vows to respond
Sanctions have been imposed on Turkey by US in the case of Pastor Brunson, who had been jailed in Turkey for more than one and a half years on terror and espionage charges. (AP/Emre Tazegul)
Updated 01 August 2018
AFP
August 01, 2018 20:03

The lira lost over 1.6 percent of its value against the dollar following Washington’s move
US hit Turkey’s justice and interior ministers with sanctions over the case of an American pastor on trial for terror-related charges

ANKARA: The Turkish lira on Wednesday slumped to record lows of 5.0 against the dollar as the US hit Turkey’s justice and interior ministers with sanctions over the case of an American pastor on trial for terror-related charges.

More:Turkey lira slumps to record lows over US sanctions in pastor case, Ankara vows to respond