Turkey threatened to respond if Washington levied further sanctions over the detention of an American pastor.
Consumers have been buffeted by surging costs and economic uncertainty, with the Turkish currency sinking 20 percent in a month and 40 percent since the start of the year.
The collapse of the Turkish lira has caused trauma as Turks see their purchasing power slashed, but bargain-hunting foreign tourists are cashing in on a currency windfall.
President Recep Tayyip Erdogan accused the United States of seeking to stab Turkey "in the back" over a diplomatic row sparked by a pastor's detention.
The Turkish lira sank further against the U.S. dollar, standing 6.43 after U.S. President Donald J. Trump doubled tariffs on aluminum and steel from Turkey. As the lira crashes, President…
Turkey and the U.S. failed to reach an accord on Pastor Andrew Brunson after talks between the Turkish and U.S. officials in Washington on Wednesday, most likely paving the way for further…
An association of Turkish lawyers seeks the arrest of a group of American troops based in Incirlik Air Base in the southern province of Adana over alleged ties to Gulen movement designated…
Four bridges collapsed and hundreds of people remained stranded at a factory, urgently seeking help as heavy floods swept Black Sea province of Ordu and its districts on Wednesday.