Sunday, August 12, 2018

Turkey: Lira Continues to Plunge Despite Erdogan’s Efforts | Asharq AL-awsat

Turkey: Lira Continues to Plunge Despite Erdogan’s Efforts

Sunday, 12 August, 2018 - 09:15

Ankara- Said Abdel Razek The Turkish lira continued to plunge on the backdrop of US President Donald Trump's decision to double tariffs on steel and aluminum imports from Turkey to 50 and 20 percent respectively. Meanwhile, Ankara announced its rejection of the resolution, insisting it would reciprocate.

More:Turkey: Lira Continues to Plunge Despite Erdogan’s Efforts | Asharq AL-awsat