Tuesday Morning Briefing: Erdogan says Turkey will boycott U.S. electronics, lira steadies
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August 14, 2018
Reuters News Now
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Highlights
President Tayyip Erdogansaid Turkey will boycott electronic products from the United States, retaliating in a dispute with Washington that has helped drive the lira to record lows.
#Turkish lira looking bit better today - pulled back from record low and trading around 6.4625, helped by central bank's liquidity measures, and a planned conference call with finance minister Berat Albayrak on Thursday to reassure investors.
9:05 AM - August 14, 2018
World share markets regained their footing as the threat from the collapse of the Turkish lira ebbed and reassuring German data offset signs of slowing growth in China.
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