Turkish Lira Gets Rattled, Contagion Fears

Posted on 08/10/2018


Turkey is in the midst of a full-blown economic crisis. The Turkish lira has fallen 43% in value, year-to-date. The Turkish lira fell to a record low on August 10, 2018 falling 15% against the U.S. dollar in one day. This was predicated by U.S. President Donald Trump doubling metal tariffs on Turkey. On August […]