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Erdogan calls on Turks to buy lira 'in response to economic war' – video

Recep Tayyip Erdoğan attempted to revive self assurance within the Turkish lira after it plunged via greater than 20% in opposition to the greenback on Friday. The unexpected drop got here when Donald Trump introduced on Twitter he was once doubling US import price lists on Turkish metal and aluminium.

The Turkish president referred to as on Turks to switch bucks, euros and gold for Turkish lira. He stated this might be Turkey’s reaction ‘to people who salary financial battle in opposition to us’.

The lira has been underneath sustained power on overseas exchanges, shedding via virtually 50% in opposition to the greenback up to now 12 months.

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