Skip to main content

Turkey’s feuding with allies hits financial markets

Turkey's lira has sunk to a record low as the government lashes out at NATO and implies the United States is out to harm the Turkish economy.

A money changer counts Turkish lira bills at an currency exchange office in central Istanbul, Turkey, August 21, 2015. Turkish consumer confidence fell to its lowest in more than six years in August, official data showed on Friday, bruised by political uncertainty, mounting militant violence in the southeast and the lira currency's tumble to a record low. REUTERS/Murad Sezer  - GF10000178275
A money changer counts Turkish lira bills at an currency exchange office in central Istanbul, Turkey, Aug. 21, 2015. — REUTERS/Murad Sezer

Subscribe for unlimited access

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more

$14 monthly or $100 annually ($8.33/month)
OR

Continue reading this article for free

Access 1 free article per month when you sign up. Learn more.

By signing up, you agree to Al-Monitor’s Terms and Conditions and Privacy Policy. Already have an account? Log in