Turkish currency eases, stocks fall,but sanctions threat is called a joke

The Turkish lira fell back in the face of US and European threats of sanctions and embargoes, though sceptical traders said it would weaken much further if Western allies turn words into action over Turkey’s incursion in Syria.

Turkish currency eases, stocks fall,but sanctions threat is called a joke

By Behiye Selin Taner and Ali Kucukgocmen

The Turkish lira fell back in the face of US and European threats of sanctions and embargoes, though sceptical traders said it would weaken much further if Western allies turn words into action over Turkey’s incursion in Syria.

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