New Turkish lira

Turkey's President Recep Tayyip Erdogan announces plan of action for the first 100 days of his new presidency, in Ankara, Turkey, Friday, Aug. 3, 2018. (AP Photo/Burhan Ozbilici)
August 10, 2018 - 3:01 pm
ANKARA, Turkey (AP) — The Latest on Turkey's financial turmoil (all times local): 9:20 p.m. A Turkish official says U.S. President Donald Trump's decision to double tariffs on Turkish steel and aluminum imports, which he announced on Twitter, lacked "state seriousness." Foreign Ministry spokesman...
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Trader Michael Capolino works on the floor of the New York Stock Exchange, Friday, Aug. 10, 2018. Stocks are opening moderately lower on Wall Street following steeper losses in Europe, where investors worried about a sharp drop in Turkey's currency. (AP Photo/Richard Drew)
August 10, 2018 - 2:47 pm
NEW YORK (AP) — Stocks are skidding on Wall Street Friday, following even sharper drops in Europe, as investors worried about the financial stability of Turkey. The Turkish lira nosedived again following concerns about the country's economic policies and higher tariffs from the U.S. European banks...
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Turkey's President Recep Tayyip Erdogan addresses supporters at his Black Sea hometown, Guneysu, Turkey, early Friday, Aug. 10, 2018. Turkey's Finance and Treasury Minister Berat Albayrak will reveal a " new economic model " as the Turkish Lira has lost more than 30 percent of its value since the start of the year.(Presidential Press Service via AP, Pool)
August 10, 2018 - 12:17 pm
ANKARA, Turkey (AP) — A financial shockwave ripped through Turkey on Friday, when its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. The lira tumbled 14 percent in...
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Turkey's President Recep Tayyip Erdogan announces plan of action for the first 100 days of his new presidency, in Ankara, Turkey, Friday, Aug. 3, 2018. (AP Photo/Burhan Ozbilici)
August 10, 2018 - 11:05 am
ANKARA, Turkey (AP) — The Latest on Turkey's financial turmoil (all times local): 6:05 p.m. Turkish President Recep Tayyip Erdogan says his country will continue to grow despite what he described as an "attack" on the Turkish lira. Delivering a speech in the northern city of Gumushane on Friday,...
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Turkey's President Recep Tayyip Erdogan addresses supporters at his Black Sea hometown, Guneysu, Turkey, early Friday, Aug. 10, 2018. Turkey's Finance and Treasury Minister Berat Albayrak will reveal a " new economic model " as the Turkish Lira has lost more than 30 percent of its value since the start of the year.(Presidential Press Service via AP, Pool)
August 10, 2018 - 10:55 am
ANKARA, Turkey (AP) — A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. The lira tumbled 13 percent in...
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Turkey's President Recep Tayyip Erdogan announces plan of action for the first 100 days of his new presidency, in Ankara, Turkey, Friday, Aug. 3, 2018. (AP Photo/Burhan Ozbilici)
August 10, 2018 - 9:18 am
ANKARA, Turkey (AP) — The Latest on Turkey's financial turmoil (all times local): 4:15 p.m. In a bid to ease investor concerns about Turkey's economic policy, the country's finance minister says the government will safeguard the independence of the central bank. Treasury and Finance Minister Berat...
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Turkey's President Recep Tayyip Erdogan announces plan of action for the first 100 days of his new presidency, in Ankara, Turkey, Friday, Aug. 3, 2018. (AP Photo/Burhan Ozbilici)
August 10, 2018 - 9:10 am
ANKARA, Turkey (AP) — The Latest on Turkey's financial turmoil (all times local): 4:10 p.m. President Donald Trump says he's just authorized the doubling of steel and aluminum tariffs "with respect to Turkey." Trump says via tweet that the tariff on aluminum imports will be increased to 20 percent...
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Turkey's President Recep Tayyip Erdogan announces plan of action for the first 100 days of his new presidency, in Ankara, Turkey, Friday, Aug. 3, 2018. (AP Photo/Burhan Ozbilici)
August 10, 2018 - 8:07 am
ANKARA, Turkey (AP) — The Latest on Turkey's financial turmoil (all times local): 3:05 p.m. Turkish President Recep Tayyip Erdogan is appealing for calm as the country's currency plunges, urging people to change foreign money into local lira. The lira tumbled about 10 percent on Friday to another...
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Turkey's President Recep Tayyip Erdogan addresses supporters at his Black Sea hometown, Guneysu, Turkey, early Friday, Aug. 10, 2018. Turkey's Finance and Treasury Minister Berat Albayrak will reveal a " new economic model " as the Turkish Lira has lost more than 30 percent of its value since the start of the year.(Presidential Press Service via AP, Pool)
August 10, 2018 - 7:52 am
ANKARA, Turkey (AP) — The Turkish currency plunged on Friday, raising questions about the country's financial stability, as investors worried about the president's unorthodox economic policies and a dispute with the United States that has led to sanctions. The lira hit a record low of 6.24 per...
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Turkey's President Recep Tayyip Erdogan addresses supporters at his Black Sea hometown, Guneysu, Turkey, early Friday, Aug. 10, 2018. Turkey's Finance and Treasury Minister Berat Albayrak will reveal a " new economic model " as the Turkish Lira has lost more than 30 percent of its value since the start of the year.(Presidential Press Service via AP, Pool)
August 10, 2018 - 6:43 am
ANKARA, Turkey (AP) — The Turkish currency plunged on Friday, raising questions about the country's financial stability, as investors worried about the president's unorthodox economic policies and a dispute with the United States that has led to sanctions. The lira hit a record low of 6.24 per...
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