Turkish President Recep Tayyip Erdogan moved to shore up alliances in Europe and the Middle East, easing pressure on the battered lira, as the stand-off between Turkey and the US deepened.
Efforts to rally support and bolster domestic markets include a call Thursday between Turkish Finance Minister Berat Albayrak and international investors. Erdogan also spoke with French President Emmanuel Macron, a day after talks with German Chancellor Angela Merkel and a $15 billion pledge of support from Qatar.
The lira climbed for a third day along with emerging-market currencies even after the White House said new tariffs on Turkish
The lira climbed for a third day along with emerging-market currencies even after the White House said new tariffs on Turkish