Turkish lira Analysis News Losses for the Turkish lira deepened last week after Ankara’s deteriorating relationship with Washington – The Senate Foreign Relations Committee last week passed the Risch Bill, which aims to impose sanctions on Turkey for its purchase of Russian-made S-400 missile defenses and its latest offensive in Syria. Turkish lira slide to its weakest level in daily…
Turkish lira analysis In the past two weeks, good news has flowed into the Turkish lira Turkish lira soared nearly 2.8 percent Monday to its strongest level since April after President Tayyip Erdoğan said he heard from U.S. President Donald Trump there would be no sanctions over Turkey’s purchase of Russian S-400 defense systems Turkey’s exports hit a record $88.2…