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Turkey will emerge stronger from lira crisis despite row with U.S.: minister

Turkey will emerge stronger from lira crisis despite row with U.S.: minister

Turkey will emerge stronger from lira crisis despite row with U.S.: ministerFinance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting its banks were healthy and signalling it could ride out a dispute with the United States. In a conference call with thousands of investors and economists, Albayrak – who is President Tayyip Erdogan’s son-in-law – said Turkey fully understood and recognised all its domestic challenges but was dealing with what he described as a market anomaly. With Ankara locked in a complex rift with Washington, he also played down a decision by President Donald Trump to double tariffs on imports of Turkish metals.

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