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Turkey responds to new U.S. sanctions

Published 08/05/2018, 11:16 AM
© Reuters.  Turkey responds to new U.S. sanctions
TUR
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  • In response to financial sanctions the U.S. announced against two members of the Turkish government, President Erdogan has ordered the freezing of the "American justice and interior ministers" assets in Turkey, if there are any."
  • Investors have dumped Turkish assets, with the lira tumbling more than 3% since the U.S. Treasury disclosed the penalties, fearful that escalating punitive measures are in the pipeline.
  • ETFs: TUR, TKF
  • Now read: Erdogan Holds The Cure For Turkey's Economic High Fever


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