lira

And by ten o'clock we were quit of Genoa; the last lean, blue-chinned official had left our decks; the last fruitseller had been beaten off with bucketsful of water and left cursing us from his boat; the last passenger had come aboard at the last moment--a fussy graybeard who kept the big ship waiting while he haggled with his boatman over half a lira. But at length we were off, the tug was shed, the lighthouse passed, and Raffles and I leaned together over the rail, watching our shadows on the pale green, liquid, veined marble that again washed the vessel's side.

At 0427 GMT, the lira stood at 5.7525 against the U.S.

Acting Defense Secretary Patrick Shanahan said later on Tuesday he expected to resolve the dispute, but his comments had little impact on the lira.The row marks the latest in a series of bilateral disputes, notably over Turkish demands that the United States extradite Islamic cleric Fethullah Gulen, differences over Middle East policy and the war in Syria, and sanctions on Iran.

The lira has lost some 38% of its value against the dollar this year, with the fall accelerated by a dispute with the United States over Turkey's detention of an American pastor.

Unfortunately, while the Turkish government has managed to lift the currency devaluation from its worse levels, the Turkish lira is still extremely low, and this incident may further cause a deterioration in its value.

On Friday that relentless slide turned into a crash: the lira dropped as much as 18 percent, hitting U.S.

Even as the selling pressured abated, investors kept a nervous eye on Ankara after Monday's bloodletting which saw the lira hit record lows and equity markets go into freefall on concerns Turkey's financial crisis could spread globally.

The value of the Turkish lira reached about 575 liras per hundred dollars on Friday morning, which was not reached in the near future by economic conditions, the delegate of the /NINA / said

So, will Turkey's lira continue its slide downwards?