New Turkish lira

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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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 - 2:01 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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In this July 25, 2018 photo, Andrew Craig Brunson, an evangelical pastor from Black Mountain, North Carolina, arrives at his house in Izmir, Turkey. Brunson, who had been jailed in Turkey for more than one and a half years on terror and espionage charges was released and will be put under house arrest as his trial continues. The White House is announcing that the Treasury Department is imposing sanctions on two Turkish officials over a detained American pastor who is being tried on espionage and terror-related charges. (AP Photo/Emre Tazegul)
August 01, 2018 - 4:53 pm
WASHINGTON (AP) — The United States slapped sanctions on two Turkish officials on Wednesday over a detained American pastor who is being tried on espionage and terror-related charges. Turkey vowed retaliation "without delay," warning it would harm relations between the two allies. President Donald...
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