Despite a crumbling Lira in Turkey’s economic crisis, Erdogan showed no signs of meeting Trump’s condition for mending ties.
Turkish Bank Crisis Prompts Emergency Meeting on Saturday
Trukey President Recep Tayyip Erdogan lashed out at the United States, threatening to find new alliances and new markets.
As Turkey crisis deepens, bankers are set to review the impact of shocks.
The lira plunged as much as 17 percent on Friday alone, bringing its loss for the year to 42 percent.
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Turkey’s central bank raised interest rates at an emergency meeting.
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