Turkey's Treasury and Finance Minister Berat Albayrak, gestures as he make declarations to the media with France's Finance Minister Bruno Le Maire at the ministry in Paris, France, Monday, Aug. 27, 2018. (AP Photo/Michel Euler)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Turkey's lira fell against the dollar on Wednesday, as concern grew about the effects of the country's currency crisis after Finance Minister Berat Albayrak was quoted as saying he did not see a risk to the economy or financial system.The lira has lost about 40 percent of its value this year, hit by both concern about President Recep Tayyip Erdogan's influence over monetary policy and a worsening rift with the United States over an American pastor Turkey has detained.Its 2043 Eurobond lost 1 cent to 68.22 cents in the dollar according to Tradeweb, and a 2045 bond dropped fell 1.1 cent to 80.77 cents.
FOLLOW THIS ARTICLE