U.S. trade sanctions on Turkey could destabilise the Middle East: Turkish Finance Minister Berat Albayrak

Although the Turkish lira has continued to weaken, it has stepped back from yesterday’s 6.1200 against the dollar as of 0435 GMT.

On Tuesday, the Turkish lira weakened further as investors weighed up Turkey’s efforts to handle its rift with the United States following the country’s Finance Minister Berat Albayrak issuing a warning to the U.S that Washing’s trade sanctions can potentially destabilize the Middle East.

As of 0435 GMT, the lira was 6.1750 against the greenback, easing back from 6.1200 on Monday.

Advertisements


Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy

Tags: , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: