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Trump vows 'no concessions' for Turkey; lira weakens further against dollar

Turkish government officials did not comment on Trump's remarks

Reuters  |  Istanbul 

The lira weakened against the dollar on Tuesday after US President Donald Trump said he would give Turkey no concessions in return for the release of a detained American pastor, the latest salvo in a worsening rift between the NATO allies. In an interview with Reuters on Monday, Trump criticised Ankara over the detention of the evangelical Christian pastor, Andrew Brunson, and said he was not concerned that his tough stance against Turkey could end up hurting European and emerging market economies. ALSO READ: Lira crisis: Qatar comes to rescue as Turkey aims to avert ...

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First Published: Tue, August 21 2018. 18:22 IST