Turkish lira slips to one-month low over Syria concerns, Trump warning


  • World
  • Tuesday, 08 Oct 2019

A merchant counts Turkish lira banknotes at the Grand Bazaar in Istanbul, Turkey, March 29, 2019. REUTERS/Murad Sezer

ISTANBUL (Reuters) - Turkey's lira slid to its lowest level against the dollar in more than a month on Monday over concerns about Ankara's planned incursion in northern Syria and a warning from President Donald Trump that he could "obliterate" the Turkish economy.

Investors have been monitoring tensions between Ankara and Washington in recent months, with the NATO allies at odds over a range of issues including policy differences in Syria and Turkey's purchase of Russian missile defence systems.

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