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Turkish lira

Turkish Lira Slides Further as Trump Announces US Tariffs

U.S. President Donald Trump has tweeted to confirm he will double steel and aluminum tariffs on Turkish imports as the lira crashed to 6.51 per dollar, putting pressure on President Recep Tayyip Erdogan. Erdogan has already called on Turks to...

Greek Companies Anxious About Turkish Political Instability

  The radical developments on the political scenery of Turkey lately have caused anxiety among policymakers of more than 500 Greek companies that have “cashed” money to the neighboring country. The companies’ officials believe that their investments are not at...