A man checking currency exchange rates in Ankara, Turkey, on Friday. The lira has lost 41 per cent of its value against the US dollar so far this year. Photo: AP

Turkish currency plummets as Trump stokes turmoil with new tariff threat

Lira falls over 16 per cent in one day as US says it will double tariffs. Fears of contagion grow.

Topic |   Turkey

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A man checking currency exchange rates in Ankara, Turkey, on Friday. The lira has lost 41 per cent of its value against the US dollar so far this year. Photo: AP
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