Turkey's Erdogan calls on Turks to buy lira for 'national battle'


  • World
  • Friday, 10 Aug 2018

Turkish President Tayyip Erdogan addresses his supporters in Rize, Turkey August 10, 2018. Cem Oksuz/Presidential Palace/Handout via REUTERS

ISTANBUL (Reuters) - President Tayyip Erdogan told Turks to exchange gold and hard currency into lira on Friday, framing Turkey's currency crisis as a "national battle" against economic enemies.

The lira, which has lost a third of its value this year, fell on his comments and was trading at around 6.05 to the dollar after he spoke, nearly 9 percent weaker on the day.

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