Turkey lira slumps to record low after expulsions of envoys

Turkey lira slumps to record low after expulsions of envoys

ISTANBUL: The Turkish lira dropped to record lows yesterday after Turkish President Recep Tayyip Erdogan at the weekend ordered the expulsion of the ambassadors of 10 countries, including Germany and the United States. The envoys had angered the president in calling for the release of Parisian-born philanthropist and activist Osman Kavala, who has been in […]

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ISTANBUL: The Turkish lira dropped to record lows yesterday after Turkish President Recep Tayyip Erdogan at the weekend ordered the expulsion of the ambassadors of 10 countries, including Germany and the United States. The envoys had angered the president in calling for the release of Parisian-born philanthropist and activist Osman Kavala, who has been in […]