ISTANBUL — Turkey’s lira currency is coming under pressure as investors fret about the government’s threats to invade Syria to confront Russian-backed regime troops as well as policy-makers’ efforts to flood the economy with cheap loans to boost growth.
Airstrikes killed two Turkish soldiers on Thursday in the northwest region of Idlib, bringing the number of Turkish servicemen killed there in the last month to 15. Turkey retaliated, killing more than 50 Syrian troops, the Defense Ministry said. The violence follows President Recep Tayyip Erdogan’s warning on Wednesday that an offensive in Syria was only “a matter of moments.”
