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Turkey's Lira Slightly Firmer, Investors Weigh Up Prospects of Better U.S. Ties

ISTANBUL (Reuters) - The lira firmed slightly on Tuesday as investors weighed up the prospect of an improvement in Turkey-U.S. ties after U.S. Secretary of State Mike Pompeo said he expected talks this week over the fate of a U.S. pastor on trial in Turkey.  The lira has lost nearly 40 percent of its value against the U.S. currency this year on concerns about President Tayyip Erdogan’s grip on monetary policy and, more recently, due to a diplomatic row between Turkey and the United States.

  • Published in Turkey
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