December 2, 2022

Turkey’s lira plunges as Trump doubles metals tariffs

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From Newsmax President Tayyip Erdogan told Turks on Friday to exchange their gold and dollars into lira, with the country’s currency in free fall after President Donald Trump turned the screws on Ankara by doubling tariffs on metals imports. The lira has long been falling on worries about Erdogan’s influence over monetary policy and worsening relations […]