Turkish leadership refuses to accept economic crisis as 1 USD reaches 5.50 TRY…

Lira hits record low as Turkey-US concerns weigh

The Turkish currency saw a new record low against the dollar on Aug. 9, hit by concern over uncertainties about whether a meeting between Turkey and the U.S. could heal their wide diplomatic rift.

Holidays to Turkey rise as lira hits record low against pound

World news: Turkey | guardian.co.uk by Antonia Wilson 

As sterling remains stubbornly weak against the euro and dollar, UK holidaymakers find their money goes much further in Turkey, and travel firms are already reporting a rise in bookings for 2018

Turkish lira reaches record low after U.S. says reviewing duty-free accessReuters –

ISTANBUL (Reuters) – The Turkish lira tumbled to a record low against the dollar on Monday, after the Trump administration said it was reviewing Turkey’s duty-free access to the U.S. market, a move that could affect some $1.66 billion

IMF: No sign Turkey considering asking fund for financial aidHurriyet Daily News Turkey has not asked for any financial aid from the International Monetary Fund (IMF), the fund said in a statement.

Opinion | The Rupture Between Washington and Ankara

The New York Times – Amberin Zaman

Turkey’s relations with the United States have been unremittingly rotten for some time. They took a sharp turn for the worse when last week the U.S. Treasury slapped Turkey’s interior and justice ministers with sanctions inspired by the Global