New Turkish lira

People change money at a currency exchange shop in Istanbul, Wednesday, Aug. 15, 2018. The Turkish lira currency has nosedived in value in the past week over concerns about Turkey's President Recep Tayyip Erdogan's economic policies and after the United States slapped sanctions on Turkey angered by the continued detention of an American pastor. (AP Photo/Lefteris Pitarakis)
August 15, 2018 - 11:17 am
ANKARA, Turkey (AP) — 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 . The...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, Aug. 15, 2018. Shares were mostly lower in Asia early Wednesday despite a rally overnight on Wall Street as investors' jitters over the Turkish currency crisis eased.(AP Photo/Vincent Yu)
August 15, 2018 - 3:28 am
BANGKOK (AP) — Shares were mixed Wednesday after Turkey announced it was increasing tariffs on imports of some U.S. products, escalating a feud with the United States that has helped trigger a currency crisis. KEEPING SCORE: Germany's DAX rose 0.3 percent to 12,392.13 and in France, the CAC 40...
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Specialist Fabian Caceres, left, and trader Michael Capolino confer on the floor of the New York Stock Exchange, Tuesday, Aug. 14, 2018. Stocks are broadly higher and recovering some of their recent losses as concerns about Turkey's financial stability eased. (AP Photo/Richard Drew)
August 14, 2018 - 12:53 pm
NEW YORK (AP) — U.S. stocks are rallying Tuesday as worries about Turkey's currency crisis eased. Retailers and smaller companies are making some of the biggest gains. Global markets have taken two days of losses as investors worried that Turkey's troubles might spread. KEEPING SCORE: The S&P...
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An investor walks in front of trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Aug. 14, 2018. Most Asian stock markets rose Tuesday after Wall Street declined as Turkey’s central bank struggled to contain a currency crisis that is feeding fears about other emerging markets. (AP Photo/Yam G-Jun)
August 14, 2018 - 7:16 am
BEIJING (AP) — Most global stock markets steadied Tuesday as worries subsided over Turkey's currency crisis and its potential impact on other countries. KEEPING SCORE: Germany's DAX rose 0.2 percent to 12,376 and France's CAC 40 was up less than 0.1 percent to 5,414 after economic growth figures...
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Turkey's President Recep Tayyip Erdogan, gestures as he delivers a speech to Turkish ambassadors at the Presidential Palace in Turkey, Monday, Aug. 13, 2018. Erdogan says his country is under an economic "siege" that has nothing to do with its economic indicators. He insisted that Turkey's economic dynamic remain strong and said the Turkish currency would soon settle "at the most reasonable level." (Pool Photo via AP)
August 14, 2018 - 6:01 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 2:00 p.m. The Russian foreign minister claims that the U.S. increased use of sanctions will erode the dollar's role as the top reserve currency. Sergey Lavrov, speaking after talks Tuesday with his Turkish counterpart,...
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People walk in a market in Istanbul, Monday, Aug. 13, 2018. Turkey's central bank announced a series of measures on Monday to free up cash for banks as the country grapples with a currency crisis. The Turkish lira has nosedived over the past week and tumbled another 7 percent on Monday as the central bank's measures failed to restore investor confidence. (AP Photo/Mucahid Yapici)
August 14, 2018 - 3:45 am
ANKARA, Turkey (AP) — The Turkish currency has stabilized near record lows as investors gauge the government's next move to avoid a full-blown financial crisis. The Turkish lira has been hit by concerns over President Recep Tayyip Erdogan's economic policies and a trade and diplomatic dispute with...
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FILE - In this Oct. 24, 2017, file photo people pass the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Aug 13. (AP Photo/Richard Drew)
August 13, 2018 - 3:58 pm
NEW YORK (AP) — U.S. stocks fell further Monday as Turkey's central bank was unable to stop a steep plunge in the nation's currency. That's helping to push the dollar higher, hurting big exporters. Stocks are coming off their worst losses in a month as investors worry about financial and economic...
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A Turkish waits to change his US dollars with Turkish liras inside a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. 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. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 8:55 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 4:55 p.m. Germany's foreign minister says it would be in Turkey's own interest to come to an agreement with the United States and others on the release of foreign prisoners. Angered by the continued detention of an...
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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 - 8:31 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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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 - 3:52 pm
NEW YORK (AP) — Stocks in the U.S. and Europe skidded Friday as investors worried about the financial stability of Turkey and how it might affect the global banking system. Turkish President Recep Tayyip Erdogan has accumulated more and more control over the country's central bank as well as its...
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