Qatar To Aid Turkey Lira Rallies Us Rejects Lifting Tariffs

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ISTANBUL – Turkey’s Gulf ally Qatar pledged $15 billion of investment into the Turkish economy on Wednesday, offering further support to a lira rally after the central bank tightened liquidity and curbed selling of the currency.

Qatar’s Emir approved the package of economic projects, investments and deposits after a meeting in Ankara with President Tayyip Erdogan.

His government is grappling with a currency crisis and a damaging dispute with the United States that late on Wednesday appeared further than ever from being resolved.




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