A man checks the display board of a currency exchange in Istanbul, Turkey, on August 13. The Turkish currency lost almost 20 per cent of its value against the US dollar last week. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Why the yuan and other Asian currencies won’t follow the Turkish lira into free fall

Neal Kimberley says while US tariffs may have been the tipping point, Turkey’s currency woes are rooted in weak foundations that other Asian economies do not share

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A man checks the display board of a currency exchange in Istanbul, Turkey, on August 13. The Turkish currency lost almost 20 per cent of its value against the US dollar last week. Photo: Reuters
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