Plummeting Turkish lira unnerves world markets

World currency markets react to the drop in the Turkish Lira

World currency markets react to the drop in the Turkish Lira Source: AAP

Turkish President Recep Tayyip Erdogan has accused the United States of betraying its allies, as Turkey's economic crisis deepens.


The Turkish lira is down more than 40 per cent against the U-S dollar since the start of the year, sending shock waves through global markets.


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