Turkey’s national currency lira has plunged to a new record low following President Recep Tayyip Erdogan’s comments amid rising tensions between Ankara and the West.
Iranian Labour News Agency
Turkey’s national currency lira has plunged to a new record low following President Recep Tayyip Erdogan’s comments amid rising tensions between Ankara and the West.
Asian stocks turned mixed and bonds bounced on Monday as a plunge in the Turkish lira sparked talk that capital controls might be needed to stem the rout, though the wider fallout was relatively restrained for the moment.