New Turkish lira

A general view of Istanbul, Thursday, Aug. 16, 2018. Turkey's finance chief tried to reassure thousands of international investors on a conference call Thursday, in which he pledged to fix the economic troubles that have seen the country spiral into a currency crisis.The national currency recovered somewhat from record lows hit earlier this week. (AP Photo/Lefteris Pitarakis)
August 17, 2018 - 8:58 am
ANKARA, Turkey (AP) — Turkey and the United States exchanged new threats of sanctions Friday, keeping alive a diplomatic and financial crisis that is threatening the economic stability of the NATO country. Turkey's lira fell once again after the trade minister, Ruhsar Pekcan, said Friday that her...
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A man walks out of a currency exchange shop in Istanbul, Thursday, Aug. 16, 2018. Beset by a weak currency and tension with the United States, Turkey is reaching out to Europe in an attempt to shore up relations with major trading partners despite years of testy rhetoric and a stalled bid for EU membership. The overtures by Turkish President Recep Tayyip Erdogan, who has harshly criticized Germany and other European nations in the past, are part of a diplomatic campaign to capitalize on international unease over U.S. President Donald Trump and American tariff disputes. (AP Photo/Lefteris Pitarakis)
August 17, 2018 - 8:26 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis and diplomatic dispute with the United States (all times local): 3:25 p.m. Turkey's state-run news agency says a higher Turkish court has also rejected an appeal for the release from detention of an American pastor who is at the center of...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 17, 2018. Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month.(AP Photo/Ahn Young-joon)
August 17, 2018 - 4:31 am
TOKYO (AP) — Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month. KEEPING SCORE: Britain's FTSE 100 gained 0.3 percent to 7,575.97 and the CAC 40 in France added 0.2...
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A general view of Istanbul, Thursday, Aug. 16, 2018. Turkey's finance chief tried to reassure thousands of international investors on a conference call Thursday, in which he pledged to fix the economic troubles that have seen the country spiral into a currency crisis.The national currency recovered somewhat from record lows hit earlier this week. (AP Photo/Lefteris Pitarakis)
August 17, 2018 - 4:05 am
ANKARA, Turkey (AP) — Turkey's currency remains steady against the dollar despite an apparent threat of possible new sanctions by U.S. President Donald Trump. The Turkish lira stood at 5.80 per dollar on Friday, up about 0.4 percent against the dollar. The currency has recovered from record lows...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 17, 2018. Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month.(AP Photo/Ahn Young-joon)
August 17, 2018 - 2:40 am
TOKYO (AP) — Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month. KEEPING SCORE: Japan's Nikkei 225 index added 0.4 percent to 22,270.38, while the Shanghai Composite...
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Turkey's President Recep Tayyip Erdogan, as he shakes hands with Qatar's Emir Sheikh Tamim bin Hamad Al Thani prior to their talks at the Presidential Palace in Ankara, Turkey, Wednesday, Aug. 15, 2018. Turkey said Wednesday it is increasing tariffs on some U.S. products like cars, alcohol, and coal _ a move that is unlikely to have much economic impact but highlights the deteriorating relations with the U.S. in a feud that has already helped trigger a currency crisis. (Presidential Press Service via AP, Pool)
August 16, 2018 - 6:16 pm
ANKARA, Turkey (AP) — The latest on Turkey's currency crisis (all times local): 1:15 a.m. The White House is telling Turkey to release detained American pastor Andrew Brunson to cool diplomatic and economic tensions between the two countries. An administration official says President Donald Trump's...
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Turkey's President Recep Tayyip Erdogan, as he shakes hands with Qatar's Emir Sheikh Tamim bin Hamad Al Thani prior to their talks at the Presidential Palace in Ankara, Turkey, Wednesday, Aug. 15, 2018. Turkey said Wednesday it is increasing tariffs on some U.S. products like cars, alcohol, and coal _ a move that is unlikely to have much economic impact but highlights the deteriorating relations with the U.S. in a feud that has already helped trigger a currency crisis. (Presidential Press Service via AP, Pool)
August 16, 2018 - 4:03 pm
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 11:00 p.m. The Trump administration says Turkey could face additional sanctions if an American pastor detained on espionage and terrorism-related charges isn't quickly released. Treasury Secretary Steven Mnuchin (mih-...
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Turkey's President Recep Tayyip Erdogan, as he shakes hands with Qatar's Emir Sheikh Tamim bin Hamad Al Thani prior to their talks at the Presidential Palace in Ankara, Turkey, Wednesday, Aug. 15, 2018. Turkey said Wednesday it is increasing tariffs on some U.S. products like cars, alcohol, and coal _ a move that is unlikely to have much economic impact but highlights the deteriorating relations with the U.S. in a feud that has already helped trigger a currency crisis. (Presidential Press Service via AP, Pool)
August 16, 2018 - 11:59 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 6:55 p.m. A top Turkish official says Turkey, France and Germany "are on the same page" concerning their opposition to U.S. sanctions and tariffs restricting trade. Presidential spokesman Ibrahim Kalin also told...
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Turkey's President Recep Tayyip Erdogan, as he shakes hands with Qatar's Emir Sheikh Tamim bin Hamad Al Thani prior to their talks at the Presidential Palace in Ankara, Turkey, Wednesday, Aug. 15, 2018. Turkey said Wednesday it is increasing tariffs on some U.S. products like cars, alcohol, and coal _ a move that is unlikely to have much economic impact but highlights the deteriorating relations with the U.S. in a feud that has already helped trigger a currency crisis. (Presidential Press Service via AP, Pool)
August 16, 2018 - 9:45 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 4:45 p.m. Turkish media reports say Treasury and Finance Minister Berat Albayrak has told international investors that Turkey would come out of the current "currency fluctuation" stronger than before. Albayrak addressed...
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People react as they monitor stock prices at a brokerage house in Beijing, Thursday, Aug. 16, 2018. Asian shares are falling as investors fret over slowing economic growth, especially in China. Technology stocks and oil and metals prices skidded overnight on Wall Street. (AP Photo/Andy Wong)
August 16, 2018 - 7:30 am
TOKYO (AP) — Stock markets are higher in European trading as Turkey's currency crisis abated somewhat and after a downbeat day in Asia. Benchmarks in Germany and France rose Thursday while shares in Tokyo, Shanghai and Hong Kong declined. KEEPING SCORE: Germany's DAX added 0.5 percent to 12,221 and...
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