Turkish lira plunges as Trump hits Ankara with increased tariffs - Al-Monitor: The Middle Eastʼs leading independent news source since 2012

Amberin Zaman

Amberin Zaman

Aug 10, 2018

U.S. President Donald Trump and Turkish President Tayyip Erdogan speak at the start of the NATO summit in Brussels, Belgium July 11, 2018. REUTERS/Reinhard Krause - RC1E8AE4CB40 — US President Donald Trump and Turkish President Recep Tayyip Erdogan speak at the start of the NATO summit, Brussels, Belgium, July 11, 2018. — REUTERS/Reinhard Krause

ISTANBUL, TURKEY - AUGUST 29: People wait to change money at a currency exchange office in front of the underconstruction, Taksim Square Mosque on August 29, 2018 in Istanbul, Turkey. Turkey's lira extended its slump to a third day to 6.45 against the dollar after the central bank announced it would alter Turkish banks borrowing limits on overnight transactions, the move failed to reassure investors and combined with the decision by ratings agency Moody's to downgrade the credit rating of twenty Turkish fi

Top Turkish bank official resigns as lira drops further

Amberin Zaman

In London, reporting on geopolitics, minorities, human rights, culture

Workers handle steel cables at Turkish steel manufacturer ISDEMIR in Iskenderun in Hatay province May 6, 2010. REUTERS/Umit Bektas (TURKEY - Tags: EMPLOYMENT BUSINESS) - GM1E6561J5Y01

Congress dangles Turkey trade deal as carrot to Trump’s stick

In Washington, reporting on Congress

People walk past by a branch of Halkbank in central Istanbul, Turkey, October 16, 2019. REUTERS/Huseyin Aldemir - RC1BA1A70200

Why Trump’s sanctions failed to shock Turkey’s economy

Mustafa Sonmez

In Istanbul, reporting on economics

Erdogan's popularity plunges with lira

Amberin Zaman

In London, reporting on geopolitics, minorities, human rights, culture